Today's Technical View: Ingersoll-Rand, Dresser-Rand, SPX Corp., and Gardner Denver

LONDON, June 21, 2013 /PRNewswire/ --

Shares in diversified machinery makers ended mostly lower yesterday, tracking losses in the broader market which dropped sharply after comments from U.S. Federal Reserve Chairman Ben Bernanke on the central bank's bond buying program. The major movers included Ingersoll-Rand Plc (NYSE: IR), Dresser-Rand Group Inc. (NYSE: DRC), SPX Corporation (NYSE: SPW), and Gardner Denver Inc. (NYSE: GDI). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on IR, DRC, SPW, and GDI are currently available upon sign up at

http://www.aaaresearchreports.com/register/  

Shares in Ingersoll-Rand Plc moved lower on Thursday, tracking losses in the broader market. The company's shares traded between $54.93 and $56.34 before finishing the day at $55.07, down 2.65%. A total of 2.25 million shares were traded, which is above the daily average volume of 1.89 million. However, despite the sharp decline yesterday, shares of Ingersoll-Rand are still trading close to their 52-week high of $58.92. In the last three months, the stock has fallen by 2.48%. Sign up for free technical analysis on IR at:

http://www.AAAResearchReports.com/IR062113.pdf

Dresser-Rand Group Inc.'s stock slipped yesterday as the broader market tumbled. The company's shares ended the day 1.23% lower at $59.56 after oscillating between $58.33 and $60.20. Shares in Dresser-Rand registered a trading volume of 730,654 shares that exceeded their daily average volume of 579,535 shares. However, despite the pullback, the company's shares are still up 0.07% in the last three trading sessions. The stock is trading slightly below its 50-day moving average. Download free report on DRC by registering at:

http://www.AAAResearchReports.com/DRC062113.pdf

Shares in SPX Corporation fell sharply on Thursday, extending their losses from previous trading sessions. The company's shares ended the day at $73.09, down 3.36%, after fluctuating between $73.01 and $74.79. The stock recorded a total trading volume of 565,388 shares, which is above the daily average volume of 410,277. In the last three trading sessions, the company's shares have fallen more than 4%. Further, the stock has decreased by 10.75% in the last three months, thus underperforming the S&P 500. The free report on SPW can be downloaded by signing up now at:

http://www.AAAResearchReports.com/SPW062113.pdf

Gardner Denver Inc.'s stock ended 0.33% lower yesterday as the broader market struggled. The company's shares traded between $74.86 and $75.40 before ending the day at $75.12 on a total of 1.18 million shares traded. The company's shares have a daily average volume of 424,112. Gardner Denver's shares are currently trading near their 52-week high of $76.57. In the last three months, the stock has risen by 0.11%, but it is still underperforming the S&P 500. A free report on GDI can be accessed by registering at:

http://www.AAAResearchReports.com/GDI062113.pdf

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SOURCE AAA Research Reports

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