Technical Pointers on Auto Parts Stocks - American Axle & Manufacturing Holdings, Meritor, Visteon, and Tenneco
NEW YORK, June 22, 2016 /PRNewswire/ --
On Tuesday, June 21, 2016, the NASDAQ Composite ended the trading session at 4,843.76, up 0.14%; the Dow Jones Industrial Average advanced 0.14% to finish at 17,829.73; and the S&P 500 closed at 2,088.90, up 0.27%. The gains were broad based as five out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Meritor Inc. (NYSE: MTOR), Visteon Corporation (NYSE: VC), and Tenneco (NYSE: TEN). Learn more about these stocks by accessing their free trade alerts at:
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American Axle & Manufacturing Holdings Inc.'s stock lost 5.90% to close the day at $15.47. The stock recorded a trading volume of 1.98 million shares, which was above its three months average volume of 1.25 million shares. The Company's shares have advanced 1.71% in the last one month and 2.25% in the previous three months. The stock is trading 2.42% below its 50-day moving averages. Additionally, American Axle & Manufacturing Holdings' stock has a Relative Strength Index (RSI) of 43.04. The Company was founded in 1994 and is headquartered in Detroit, Michigan. Sign up and read the free notes on AXL at:
http://stock-callers.com/registration/?symbol=AXL
On Tuesday, shares in Meritor Inc. ended the day 1.94% lower at $8.60 with a total volume of 535,480 shares traded. The Company designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors worldwide. Shares of the Company traded at a PE ratio of 14.78. The Company's shares have gained 5.13% in the last one month and 9.83% in the previous three months. The stock is trading above its 50-day moving average by 2.64%. Furthermore, shares of Meritor have an RSI of 51.64. The complimentary notes on MTOR can be downloaded in PDF format at:
http://stock-callers.com/registration/?symbol=MTOR
Visteon Corp. designs, engineers, and manufactures electronics products for original equipment vehicle manufacturers worldwide. The stock finished Tuesday's session 0.82% lower at $72.79 with a total volume of 570,337 shares traded. The Company's shares have advanced 1.68% in the last one month. The stock is trading below its 50-day moving average by 3.53%. Visteon's stock has an RSI of 41.49. Register for free on Stock-Callers.com and access the latest research on VC at:
http://stock-callers.com/registration/?symbol=VC
On Tuesday, shares in Tenneco Inc. which designs, manufactures, and sells clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide, ended the session 2.46% lower at $53.17 with a total volume of 393,995 shares traded. Shares of the Company traded at a PE ratio of 12.36. The Company's shares have advanced 1.98% in the last one month and 3.50% in the previous three months. The stock is trading 1.99% above its 50-day moving average and 9.89% above its 200-day moving average. Moreover, shares of Tenneco have an RSI of 50.62. Get free access to your trade alert on TEN at:
http://stock-callers.com/registration/?symbol=TEN
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