Energy Conversion Devices (ENER) NewsBite - One of Today's Top Gainers

Posted: Thursday, July 02, 2009 2:46 PM EDT

Energy Conversion Devices (ENER) leads the list of top gainers so far today and is now at $15.28, up $0.96 (6.7%) on volume of 2,877,428 shares traded. Over the last 52 weeks the stock has ranged from a low of $12.85 to a high of $83.20. Energy Conversion Devices stock has been showing support around $13.93 and resistance in the $14.79 range. Technical indicators for the stock are neutral and S&P gives ENER a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ENER the stock seems like it could be a candidate for an August out-of-the-money bull-put credit spread below the 13 range. [ABR-Seven Summits Strategic Investments NewsBite]

Click Symbol For More News On: (ENER)