Technical Study: Caterpillar Inc., Terex Corp., The Manitowoc Co. Inc., and Deere & Co.
LONDON, November 8, 2013 /PRNewswire/ --
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The U.S. equity market ended on a mixed note on Wednesday, November 06, 2013. The S&P 500 ended the day at 1,770.49, up 0.43%; the Dow Jones Industrial Average closed at 15,746.88, up 0.82%; and the NASDAQ Composite finished at 3,931.95, down 0.20%. Shares in the farm and construction machinery industry mostly ended lower, even as the broader market ended on a mixed note. The major movers in the industry included Caterpillar Inc. (NYSE: CAT), Terex Corporation (NYSE: TEX), The Manitowoc Company Inc. (NYSE: MTW), and Deere & Company (NYSE: DE). AAAResearchReports.com free coverage on CAT, TEX, MTW, and DE is available upon registration at:
On Wednesday, Caterpillar Inc.'s stock edged higher to end the day at $84.22, up 0.20% from the previous day's closing price of $84.05. The company's shares vacillated between $83.85 and $84.36 during the trading session. A total of 3.67 million shares were traded, which is below the daily average volume of 5.28 million. The company's shares have gained 0.75%% in the previous three trading sessions and 2.05% in the last previous three months, compared to a gain of 0.50% and 4.31% in the S&P 500 during the respective periods. However, Caterpillar Inc.'s stock is trading below its 50-day and 200-day moving averages of $84.82 and $86.61, respectively. Download free technical research on CAT by signing up at:
Terex Corp.'s shares fluctuated between $35.46 and $36.33 before ending Wednesday's session 0.56% lower at $35.80. A total of 1.22 million shares were traded, which is below the daily average volume of 2.11 million. Despite Wednesday's pullback, the company's shares have gained 3.32% in the previous three trading sessions and 18.03% in the last three months, outperforming the S&P 500, which has gained 0.50% and 4.31% during the respective periods. Furthermore, Terex Corp.'s stock is trading above its 50-day and 200-day moving averages of $33.25 and $31.76, respectively. Register now and get access to free analysis on TEX at:
Shares in the Manitowoc Co. Inc. plummeted on Wednesday, even as the broader market ended on a mixed note. The company's shares traded between $18.86 and $19.87 before ending the day 4.06% lower at $18.90. A total of 3.53 million shares were traded, which is above the daily average volume of 2.08 million. The company's shares have fallen by 2.88% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.50% during the same period. Moreover, the Manitowoc Co. Inc.'s stock is trading below its 50-day and 200-day moving averages of $19.73 and $19.38, respectively. Sign up and read our complimentary report on MTW at:
Deere & Co.'s stock ended flat on Wednesday, as the broader market fluctuated between gains and losses. The company's shares ended the day at the previous day's closing price of $81.80, after fluctuating between $81.77 and $82.39. A total of 3.77 million shares were traded, which is above the daily average volume of 3.14 million. The company's shares have advanced 0.20% in the previous three trading sessions and 0.74% in the last three months, compared to a gain of 0.50% and 4.31% in the S&P 500 during the respective periods. Furthermore, Deere & Co.'s stock is trading near its 52-week low of $79.50 and below its 50-day and 200-day moving averages of $83.22 and $85.88, respectively. The free report on DE can be downloaded by signing up now at:
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SOURCE AAA Research Reports