Today's Technical View: Masco Corp., USG Corp., Owens Corning, and Vulcan Materials Co.
LONDON, September 23, 2013 /PRNewswire/ --
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The U.S. equity market posted losses on Friday, September 20, 2013. The S&P 500 ended the day at 1,709.91, down 0.72%; the Dow Jones Industrial Average closed at 15,451.09, down 1.19%; and the NASDAQ Composite finished at 3,774.73, down 0.39%. Shares in the general building materials industry fell sharply as the broader market declined. The major movers in the industry included Masco Corporation (NYSE: MAS), USG Corporation (NYSE: USG), Owens Corning (NYSE: OC), and Vulcan Materials Company (NYSE: VMC). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on MAS, USG, OC, and VMC is currently available upon signing up at:
Masco Corp.'s stock fell sharply on Friday, extending the losses from the previous trading session. The company's shares vacillated between $21.85 and $22.44 before finishing the day 1.08% lower at $21.99. A total of 5.59 million shares were traded, which is above the daily average volume of 4.44 million. Despite Friday's losses, the company's shares have surged 13.00% in the last one month and 15.37% in the previous three months, outperforming the S&P 500 which has gained 2.79% and 7.38% during the respective periods. Furthermore, Masco Corp.'s stock is trading near its 52-week high of $22.94 as well as above its 50-day and 200-day moving averages of $20.17 and $19.52, respectively. Sign up for free technical analysis on MAS at:
Shares in USG Corp. fell sharply by 2.35% on Friday, reversing all the gains in the previous trading session. The company's shares closed the day at $27.84 after fluctuating between $27.76 and $28.72. A total of 2.50 million shares were traded, which is above the daily average volume of 1.84 million. Despite Friday's sharp decline, the company's shares have surged 13.54% in the last one month and 19.23% in the previous three trading sessions, compared to a gain of 2.79% and 7.38% in the S&P 500 during the respective periods. Moreover, USG Corp.'s stock is trading above its 50-day and 200-day moving averages of $25.33 and $26.65, respectively. Download the free report on USG by registering at:
On Friday, shares in Owens Corning fell sharply to close at $39.97, down 1.79% from the previous day's closing price of $40.70. The company's shares oscillated between $39.82 and $40.85 during the trading session. A total of 1.51 million shares were traded, which is below the daily average volume of 1.88 million. Despite Friday's pullback, the company's shares have gained 1.40% in the previous three trading sessions and 2.25% in the last one month, compared to a gain of 0.30% and 2.79% in the S&P 500 during the respective periods. Additionally, Owens Corning's stock is trading above its 50-day moving average of $39.02. The free report on OC can be downloaded by signing up now at:
Shares in Vulcan Materials Co. also fell sharply on Friday, extending the losses from the previous trading session. The company's shares traded between $51.99 and $53.39 before finishing the day 1.78% lower at the intra-day low of $51.99. A total of 0.94 million shares were traded, which is above the daily average volume of 0.65 million. Despite Friday's losses, the company's shares have gained 4.59% in the last one month and 3.57% in the previous three months, compared to a gain of 2.79% and 7.38% in the S&P 500 during the respective periods. Further, Vulcan Materials Co.'s stock is trading above its 50-day and 200-day moving averages of $49.38 and $51.67, respectively. A free report on VMC can be accessed by registering at:
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SOURCE AAA Research Reports