StockCall Pre-Market Review on Honeywell Intl., Xylem, SPX Corp., and Koninklijke Philips
LONDON, March 11, 2013 /PRNewswire/ --
Markets continued their upward ascent at the end of last week. The encouraging job data also provided positive fillip. Industrial goods sector showed overall improvement as The Dow Jones ended its latest session at 14,397.07, up 0.47 percent while NASDAQ was up 0.38 percent to close at 3,244.37. Similarly, S&P closed on a positive note at 1,551.18, up 0.45 percent. Our research team took a look at Industrial goods sector, more precisely the Diversified Machinery industry which include major companies like Honeywell International Inc. (NYSE: HON), Xylem Inc. (NYSE: XYL), SPX Corporation (NYSE: SPW) and Koninklijke Philips Electronics NV (NYSE: PHG). StockCall analysts initiated preliminary technical research on HON, XYL, SPW, and PHG. These free reports are accessible by signing today at
http://www.stockcall.com/register
Honeywell International Inc. stock rose sharply in its latest trading session. The stock closed 2.12 percent higher at $73.70 on Friday. With the significant upward move, the stock is still up more than 16 percent for the year. In the past 52 weeks, Honeywell is up 23.29 percent. The stock currently has support at $72.52 level. The stock's MACD chart shows bullish trend. The company may face its first resistance level at $74.15. Upon breaching this level, the stock may go as high as $74.70. The stock has traded in the range of $52.21 and $73.78 in Friday's session, marking its new 52 weeks high. The free technical analysis on HON is available by signing up at
http://www.StockCall.com/HON031113.pdf
Shares of Xylem Inc. edged higher in its latest trading session, tracking advances in the broad market. The stock closed 0.11 percent higher at $28.43. Xylem's shares have gained more than 4 percent this year, underperforming the broad market. It has support at $28.40. With the upward move, the company's shares are still trading above their 20-day and 50-day moving averages. The stock's MACD is also trading above the signal line and the zero-line. Both of these are bullish signals. In the coming sessions, the stock is expected to touch $28.76 level. Upon breaching this level, the stock may go as high as $29.01. Register now to download the free research on XYL at
http://www.StockCall.com/XYL031113.pdf
SPX Corp.'s shares increased for its latest trading session, ending Friday 0.69 percent higher at $81.39. The stock fell to an intra-day low of $81.14, while its intra-day high stood at $81.60. With the upward move, SPX rose more than 16 percent this year, compared to a gain of 8.76 percent for the S&P 500. The company's shares have strong support at around $80.66, as the stock shows bullish trend. The stock is trading higher than its 20-day and 50-day moving averages. Free report on SPW can be accessed by registering at
http://www.StockCall.com/SPW031113.pdf
Koninklijke Philips Electronics NV traded in the range of $29.67 and $30.06 in Friday's trading session and ended the day at $29.97, up 1.32 percent. The stock's 52 weeks range stands at $17.16 and $31.95. The company has gained 47.78 percent of its value in the past 12 months, while it gained 12.92 percent this year so far. Philips Electronics is in a bullish mode and may find its first support level at $28.63. It is trading above its 20-day moving average of $29.20. In the coming sessions, the stock is expected to go as high as $30.15. Register with StockCall and download the research on PHG for free at
http://www.StockCall.com/PHG031113.pdf
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