Technical Briefing: LKQ Corp., American Axle & Manufacturing Holdings Inc., Tenneco Inc., and Meritor Inc.

LONDON, September 10, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

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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