Technical Scrutiny on Industrial Equities -- Research on Caterpillar, 3M Co., Honeywell Intl. and ABB Ltd
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LONDON, March 20, 2014 /PRNewswire/ --
On Wednesday, March 19, 2014, the NASDAQ Composite finished at 4,307.60, down 0.59%. The Dow Jones Industrial Average closed the session at 16,222.17, down 0.70% and the S&P 500 ended the day at 1,860.77, lower by 0.61%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Industrials Sector Index closed the day at 441.18, down 0.97%, while the same has gained 1.36% in the last one month. Investor-Edge has initiated coverage on the following equities: Caterpillar Inc. (NYSE: CAT), 3M Co. (NYSE: MMM), Honeywell International Inc. (NYSE: HON) and ABB Ltd (NYSE: ABB). Free technical research on CAT, MMM, HON and ABB can be downloaded upon signing up at:
http://www.investor-edge.com/369-register
On Wednesday, shares in Caterpillar Inc. edged 0.38% lower, finishing the session at $96.04. The stock recorded a trading volume of 5.10 million shares as compared to a three months average volume of 6.12 million shares. The stock fluctuated between $95.25 and $96.72 during the session. The company's shares traded at a PE ratio of 17.47. Caterpillar Inc.'s shares have fallen by 0.18% in the last one month, while the same has advanced 0.68% in the previous three trading session, and 5.76% on YTD basis. The company's shares are trading above its 50-day and 200-day moving averages. Caterpillar Inc.'s 50-day moving average of $93.86 is above the 200-day moving average of $87.13. Moreover, the stock is trading at the Relative Strength Index (RSI) of 54.59. Sign up today to read free research on CAT at:
http://www.investor-edge.com/369-CAT-20Mar2014.pdf
3M Co.'s stock recorded a trading volume of 2.13 million shares, as compared with a three months average volume of 3.04 million shares. The stock ended the day at $131.23, down 1.14% and at an intraday range of $130.58 and $132.85. 3M Co.'s shares have advanced 1.08% in the previous three trading sessions, 0.51% in the last one month, while the same has declined 6.43% on YTD basis. The stock is trading above its 200-day moving average. 3M Co.'s 50-day moving average of $132.57 is above the 200-day moving average of $123.51. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 51.87. Sign up today to read free research on MMM at:
http://www.investor-edge.com/369-MMM-20Mar2014.pdf
On Wednesday, shares in Honeywell International Inc. declined 0.92% to close the day at $92.89. A total of 2.38 million shares were traded, which is below the three months average volume of 2.93 million. The company's shares oscillated between $92.21 and $94.02 during the trading session. The stock is trading at a PE ratio of 17.25. Honeywell International Inc. shares have fallen by 0.06% in the last one month, while the same has advanced 0.96 % in the previous three trading sessions and 1.66% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages. Honeywell International Inc.'s 50-day moving average of $92.20 is above the 200-day moving average of $86.07. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 52.30. Sign up today to read free research on HON at:
http://www.investor-edge.com/369-HON-20Mar2014.pdf
ABB Ltd's stock recorded a trading volume of 1.48 million shares, as compared with a three months average volume of 1.91 million shares. The stock ended the day at $24.97, down 1.27% after vacillating between $24.76 and $25.38. ABB Ltd's stocks have gained 1.46% in the previous three trading sessions, while the stock has declined 1.34 % in the last one month and 5.99% on YTD basis. The company's shares are trading above its 200-day moving average. ABB Ltd's 50-day moving average of $25.46 is above the 200-day moving average of $23.98. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 50.23. Sign up today to read free research on ABB at:
http://www.investor-edge.com/369-ABB-20Mar2014.pdf
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