Today's Technical View:American Axle & Manufacturing s, LKQ Corp., Meritor, and Tenneco

LONDON, June 28, 2013 /PRNewswire/ --

According to data released by the Commerce Department earlier this month, U.S. retail sales rose 0.6% in May 2013, led by a sharp increase in auto sales. The improved auto sales outlook is likely to result in an increase in vehicle production. This trend should benefit auto parts manufacturers such as American Axle & Manufacturing Holdings Inc. (NYSE: AXL), LKQ Corporation (NASDAQ: LKQ), Meritor Inc. (NYSE: MTOR), and Tenneco Inc. (NYSE: TEN). Shares in all four companies ended higher on Thursday, June 27, 2013, tracking gains in the broader market which rose for a third successive trading session. All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on AXL, LKQ, MTOR,and TENare currently available upon sign up at:

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

Shares in American Axle & Manufacturing Holdings Inc. rose sharply on Thursday, extending their gains from previous trading sessions. The company's shares hit an intraday high of $18.51 before finishing the day 3.54% higher at $18.41. A total of 1.32 million shares were traded which is below the daily average volume of 1.56 million. American Axle & Manufacturing's shares have gained 11.37% in the last three trading sessions. The recent gains have pushed the stock closer to its 52-week high of $18.74. Sign up for free technical analysis on AXL at:

http://www.AAAResearchReports.com/AXL062813.pdf

LKQ Corporation's stock moved higher on Thursday, tracking gains in the broader market. The company's shares hit a 52-week high of $26.46 before finishing the day 1.04% higher at $26.20. A total of 1.22 million shares were traded which is above the daily average volume of 1.07 million. LKQ's shares have now gained 2.30% in the last three trading sessions, and 21.92% in the previous three months. .Download free report on LKQ by registering at:

http://www.AAAResearchReports.com/LKQ062813.pdf

Shares in Meritor Inc. rallied on Thursday, continuing its excellent run from previous trading sessions. The company's shares ended the day 5.15% higher at $7.14. A total of 868,915 shares were traded which is below the daily average volume of 1.72 million. Meritor's shares have gained 12.44% in the last three trading sessions. Furthermore, the stock is currently trading above its 50-day and 200-day moving averages. It is trading close to its 52-week high of $7.50. The free report on MTOR can be downloaded by signing up now at:

http://www.AAAResearchReports.com/MTOR062813.pdf

Tenneco Inc.'s stock moved higher on Thursday, extending its gains from previous trading sessions. The company's shares ended the day 2.53% higher at $45.47 after oscillating between $44.82 and $45.95. A total of 523,987 shares were traded which is below the daily average volume of 600,764. Tenneco's shares have gained 6.31% in the last three trading sessions, and 15.14% in the last three months,  thus outperforming the S&P 500. Furthermore, the stock is now trading close to its 52-week high of $45.97. A free report on TEN can be accessed by registering at:

http://www.AAAResearchReports.com/TEN062813.pdf

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SOURCE AAA Research Reports

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