CA (CA) : Traders are bullish on CA (CA) as it has outperformed the S&P 500 by a margin of 0.7% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.06%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.67% in the last 1 week, and is up 7.5% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
CA (NASDAQ:CA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.15 and $34.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.40, notching a gain of 0.97% for the day. The total traded volume was 1,164,629 . The stock had closed at $34.07 on the previous day.
The stock has recorded a 20-day Moving Average of 3.21% and the 50-Day Moving Average is 5.53%. CA, Inc. is up 14.93% in the last 3-month period. Year-to-Date the stock performance stands at 22.55%.
CA, Inc. (CA Technologies) is engaged in providing information technology (IT) management software and solutions. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services. The Mainframe Solutions segment products allow customers and partners transform mainframe management. The Enterprise Solutions segment consists of products, including DevOps, which allows customers to unite application development and IT operations; Management Cloud, which includes the Companys IT Business Management (ITBM) solutions, API Management solutions and Enterprise Mobility Management solutions, and Security, which consists of identity and access management. The Services segment consists of product implementation, consulting, customer education and customer training.