Technical Commentary on Industrials Sector Equities -- Research on Danaher, Westport Innovations, Diana Shipping, and Spherix Editor Note: For more information about this release, please scroll to bottom.

LONDON, May 19, 2014 /PRNewswire/ --

On Friday, May 16, 2014, the NASDAQ Composite ended at 4,090.59, up 0.52%, the Dow Jones Industrial Average finished the day 0.27% higher at 16,491.31, and the S&P 500 closed at 1,877.86, up 0.37%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Industrials Sector Index ended the day at 457.06, up 0.19%, with the index also advancing 4.30% in the previous three months. Investor-Edge has initiated coverage on the following equities: Danaher Corporation (NYSE: DHR), Westport Innovations Inc. (NASDAQ: WPRT), Diana Shipping Inc. (NYSE: DSX) and Spherix Inc. (NASDAQ: SPEX). Free technical research on DHR, WPRT, DSX and SPEX can be downloaded upon signing up at:

On Friday, shares in Danaher Corp. traded between $74.65 and $75.41 before ending the session 0.47% higher at $75.32. Danaher Corp.'s stock reported a trading volume of 3.21 million shares, above its three months average volume of 2.92 million shares. Shares of the company traded at a PE ratio of 22.22. Although, Danaher Corp.'s shares have advanced 3.39% in the last one month, it has fallen by 0.41% in the previous three trading sessions and 2.44% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $74.31 and $72.95, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 58.58. Sign up today to read free research on DHR at:

On Friday, Westport Innovations Inc.'s stock declined 2.15%, to close the day at $15.00. The stock recorded a trading volume of 1.13 million shares, below its three months average volume of 1.20 million shares. The stock oscillated between $14.82 and $15.32 during the session. Over the last three trading sessions and since the start of this year, Westport Innovations Inc.'s shares have declined 4.40% and 23.51%, respectively. However, the stock has surged 11.19% in the last one month. The stock is trading above its 50-day moving average of $14.90, while the 50-day moving average is below Westport Innovations Inc.'s 200-day moving average of $20.54. Additionally, the stock has an RSI of 51.05. Sign up today to read free research on WPRT at:

Diana Shipping Inc.'s stock finished the Friday's session 0.92% higher at $10.92. A total of 0.30 million shares were traded, which was below its three months average volume of 0.66 million shares. The stock moved between $10.71 and $10.93 during the session. Diana Shipping Inc.'s shares have declined 1.44% in the previous three trading sessions, 7.38% in the last one month and 17.83% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages of $11.80 and $11.92, respectively. Diana Shipping Inc.'s stock has an RSI of 39.40. Sign up today to read free research on DSX at:

On Friday, shares in Spherix Inc. recorded a trading volume of 1.90 million shares, higher than its three months average volume of 0.54 million shares. The stock ended the day at $1.54, which was 8.45% above its previous day's closing of $1.42, and registered an intraday range of $1.33 and $1.58. Spherix Inc.'s shares have plummeted 19.37% in the last one month and 80.89% since the beginning of this year. However, the stock has surged 10.00% in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages of $2.73 and $7.12, respectively. Furthermore, shares of the company have an RSI of 39.34. Sign up today to read free research on SPEX at:


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