StockCall Study on McDermott Intl., Fluor, Foster Wheeler, Goldfield, and MasTec

Apr 08, 2013, 08:04 ET from

LONDON, April 8, 2013 /PRNewswire/ --

Markets ended the previous week on a negative note as all the major indices closed in the red zone. Lower-than-expected job growth numbers put a dampener on the stocks. The industrial goods sector showed mixed trend as we followed major companies like McDermott International (NYSE: MDR), Fluor Corporation (NYSE: FLR), Foster Wheeler AG (NASDAQ: FWLT), The Goldfield Corporation (NYSE: GV), and MasTec Inc. (NYSE: MTZ).StockCall free coverage on MDR, FLR, FWLT, GV, and MTZ is available upon registration at

McDermott International's stock is still in the red despite a 0.48 percent gain in Friday's trading session. The stock traded in the range of $10.21 and $10.47 and closed at $10.41. The stock is in a bearish mode and is likely to maintain its trend in the coming sessions. Its first resistance level is at $10.49 and it may test the support level of $10.30 in the coming sessions. Download the free technical research on MDR by signing up at

Fluor Corporation traded in the range of $60.00 and $62.16 in its latest trading session and ended the day at $62.03, up 0.34 percent. The stock's 52 weeks range stands at $44.99 and $66.83. Fluor has gained 3.52 percent of its value in the past 12 months, while it gained 8.39 percent on a YTD basis. The company is in a neutral mode and may find its first support level at $61.00. It is trading below its 20-day moving average of $64.08, confirming its neutral trend. Register now and get access to the free analysis on FLR at

Foster Wheeler AG traded in the range of $21.45 and $21.95 in its latest trading session. The stock closed the session at $21.89, down 0.77 percent. The stock is currently trading above its short-term moving average price of $21.88, showing a neutral trend. In the coming sessions, Foster Wheeler is expected to go as high as $22.25, while its first support level is at $21.12. It has decreased 6.17 percent on a YTD basis. The company commands market capitalization of $2.29 billion. Sign up and read the complimentary report on FWLT at

The Goldfield Corporation extended its 52-week gains to 176.92 percent by closing its previous trading session 4.18 percent higher. The stock closed at $3.24. It is up 75.14 percent on a YTD basis. Goldfield Corp. is currently in a neutral mode and is expected to go up to $3.46 in the coming sessions. Its next resistance level is at $3.72. On the downside, it is expected to face its first support level at $2.60. The company traded in the range of $1.07 and $5.67 in the past 52 weeks. The free report on GV can be downloaded by signing up now at

MasTec Inc. closed its Friday's trading session with a strong upward movement. The stock ended at $28.02, up 2.49 percent from its previous close. It traded in the range of $26.55 and $28.12 during the session. MasTec is highly volatile as it commands beta of 1.42. The company's current market capitalization stands at $2.15 billion. The stock has gained 14.37 percent on a YTD basis while its 52 weeks gain stands at 56.01 percent. The free report on MTZ can be accessed by registering at

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