Technical Briefing: LKQ Corp., American Axle & Manufacturing Holdings Inc., Tenneco Inc., and Meritor Inc.
LONDON, September 10, 2013 /PRNewswire/ --
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The U.S. equity market posted sharp gains on Monday, September 9, 2013, with all three benchmark indexes closing higher to start the week on a positive note. The S&P 500 rose 1.00%, while the Dow Jones Industrial Average and the NASDAQ Composite gained 0.94% and 1.26%, respectively. The consumer goods sector ended on a high note on Monday as the broader market advanced. The major movers in the sector included LKQ Corporation (NASDAQ: LKQ), American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Tenneco Inc. (NYSE: TEN), and Meritor Inc. (NYSE: MTOR). All these companies are tracked by AAAResearchReports.com. Free technical research reports on LKQ, AXL, TEN, and MTOR can be accessed by signing up at:
http://www.aaaresearchreports.com/register/
Shares in LKQ Corp. rose sharply on Monday, tracking gains in the broader market. The company's shares ended the day 2.76% higher at $30.51 after hitting an intra-day high of $30.61. A total of 1.10 million shares were traded, which is below the daily average volume of 1.26 million. The company's shares have surged by 23.67% in the last three months and 3.56% in the last three trading sessions, outperforming the S&P 500 which has gained 1.72% and 1.13% during the respective periods. Moreover, LKQ Corp.'s stock is trading above its 50-day and 200-day moving averages and has moved closer to its 52-week high of $31.07. Download free report on LKQ upon registration at:
http://www.AAAResearchReports.com/LKQ091013.pdf
Shares in American Axle & Manufacturing Holdings Inc. rose sharply on Monday as the broader market posted gains. The company's shares oscillated between $19.89 and $20.30 before finishing the day 1.31% higher at $20.16. A total of 1.20 million shares were traded, which is below the daily average volume of 1.25 million. The company's shares have gained 8.56% in the last three months, compared to a gain of 1.72% in the S&P 500 during the same period. Moreover, the stock is currently trading above its 50-day and 200-day moving averages. AXL technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/AXL091013.pdf
On Monday, Tenneco Inc.'s shares rose sharply after fluctuating between $48.90 and $49.78. The company's shares finished the day at $49.39, which is 1.25% higher than the previous day's closing price of $48.78. A total of 0.29 million shares were traded, which is below the daily average volume of 0.57 million. The company's stock has gained 3.09% in the previous three trading sessions and 9.61% in the last three months, compared to a gain of 1.13% and 1.72% in the S&P 500 during the respective periods. Additionally, Tenneco Inc.'s shares are trading above its 50 and 200-day moving averages. A free report on TEN can be accessed by registering at:
http://www.AAAResearchReports.com/TEN091013.pdf
Shares in Meritor Inc. surged on Monday, extending their gains from previous trading sessions. The company's shares vacillated between $7.91 and $8.17 before finishing the day 2.64% higher at $8.15. A total of 1.01 million shares were traded, which is below the daily average volume of 1.16 million. Meritor Inc.'s shares have advanced 6.54% in the last one month and 15.11% in the previous three months, outperforming the S&P 500 during the respective periods. Furthermore, the company's stock is trading near its 52-week high of $8.50 and above its 50-day and 200-day moving averages of $7.58 and $5.81, respectively. Register with AAA Research Reports and download research on MTOR for free at:
http://www.AAAResearchReports.com/MTOR091013.pdf
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SOURCE AAA Research Reports
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