Machinery Equities Technical Study -- Research on Meritor, Mueller Water Products, Pentair, and Parker Hannifin

NEW YORK, April 21, 2014 /PRNewswire/ --

The trading session on Thursday, April 17, 2014 ended on a mixed note as the S&P 500 finished the session 0.14% higher at 1,864.85 and the NASDAQ Composite closed at 4,095.52, up 0.23%. The Dow Jones Industrial Average finished at 16,408.54, down 0.10%. During the session, the seven out of ten sectors ended in positive. The S&P 500 Industrials Sector Index closed the day at 454.81, up 0.79%, and the same has advanced 2.96% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: Meritor Inc. (NYSE: MTOR), Mueller Water Products Inc. (NYSE: MWA), Pentair Ltd (NYSE: PNR) and Parker Hannifin Corp. (NYSE: PH). Free technical research on MTOR, MWA, PNR and PH can be downloaded upon signing up at:

http://www.investor-edge.com/1438-register

On Thursday, Shares in Meritor Inc. fluctuated between $11.31 and $11.85 before ending the session 2.90% higher at $11.69. Meritor Inc.'s stock reported a trading volume of 0.85 million shares, which is below its three months average volume of 1.38 million shares. Meritor Inc.'s shares have surged 4.56% in the previous three trading sessions, 11.44% in the last three months, and 12.08% on YTD basis. The stock is trading above its 200-day moving average of $9.09. Additionally, the stock traded at a PE ratio of 16.91 and has a Relative Strength Index (RSI) of 50.23. Sign up today to read free research on MTOR at:

http://www.investor-edge.com/1438-MTOR-21Apr2014.pdf

Mueller Water Products Inc.'s stock advanced 1.39%, to close the day at $9.46. The stock recorded a trading volume of 0.58 million shares, much below its three months average volume of 1.12 million shares. The stock oscillated between $9.27 and $9.50 during the trading session. Over the last three trading sessions and past three months, Mueller Water Products Inc.'s shares have gained 4.99% and 3.05%, respectively. The stock has advanced 0.96% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $9.35 and $8.53, respectively. Moreover, shares of the company have an RSI of 53.12. Sign up today to read free research on MWA at:

http://www.investor-edge.com/1438-MWA-21Apr2014.pdf

Pentair Ltd's stock finished the Thursday's session 0.55% lower at $79.55. A total of 1.47 million shares were traded, which was above its three months average volume of 1.33 million shares. The stock moved between $79.55 and $80.34 during the trading session. Over the last three trading sessions and previous three months, Pentair Ltd's shares have advanced 2.75% and 2.51%, respectively. Also, since the beginning of this year, the company's stock has gained an upside of 2.42%. The company's shares are trading above its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $79.04 is greater than its 200-day moving average of $70.26. Pentair Ltd's stock has an RSI of 53.14. Sign up today to read free research on PNR at:

http://www.investor-edge.com/1438-PNR-21Apr2014.pdf

On Thursday, Shares in Parker Hannifin Corp. recorded a trading volume of 1.34 million shares, higher than its three months average volume of 1.28 million shares. The stock ended the day at $125.35, which was 0.91% higher than its previous day's closing price of $124.22, and registered an intraday range of $124.10 and $126.00. Although, Parker Hannifin Corp.'s shares have gained 4.17% in the previous three trading sessions, 5.13% in the last one month, while the same has declined 2.56% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $119.70 and $113.68, respectively. Furthermore, the shares of the company traded at a PE ratio of 17.48 and have an RSI of 61.72. Sign up today to read free research on PH at:

http://www.investor-edge.com/1438-PH-21Apr2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED