Pre-Market Technical Recap on Auto Parts Stocks -- Allison Transmission, BorgWarner, Dana, and Johnson Controls
NEW YORK, Nov. 6, 2017 /PRNewswire/ -- If you want a Stock Review on ALSN, BWA, DAN, or JCI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's research on DailyStockTracker.com is dedicated to the following equities: Allison Transmission Holdings Inc. (NYSE: ALSN), BorgWarner Inc. (NYSE: BWA), Dana Inc. (NYSE: DAN), and Johnson Controls International PLC (NYSE: JCI). These companies operate in the Auto Parts Manufacturing industry, which manufactures and rebuilds a variety of motor vehicle parts and accessories. These parts include airbags, air-conditioners, catalytic converters, exhaust systems, mufflers and resonators, radiators, radiator cores, and wheels. Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Allison Transmission Holdings
Shares in Indianapolis, Indiana headquartered Allison Transmission Holdings Inc. ended Friday's session 0.91% lower at $43.68. A total volume of 2.06 million shares was traded, which was above their three months average volume of 1.91 million shares. The stock has advanced 18.66% in the last month, 15.86% over the previous three months, and 29.65% on an YTD basis. The Company's shares are trading 17.91% above their 50-day moving average and 18.22% above their 200-day moving average. Moreover, shares of Allison Transmission, which together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical US defense vehicles, have a Relative Strength Index (RSI) of 80.89.
On October 26th, 2017, Allison Transmission announced that Volkswagen Caminhões e Ônibus will be using the Allison automatic transmission in its fully electric e-Delivery truck. Volkswagen's e-Delivery is the first fully electric truck developed in Brazil and is equipped with an Allison 2100 Series™ transmission. The e-Delivery truck is targeted for urban delivery and tailored for all applications in emerging markets.
On November 01st, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $41 a share to $45 a share. Free research report on ALSN is available at:
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BorgWarner
Auburn Hills, Michigan headquartered BorgWarner Inc.'s shares rose 0.13%, closing the day at $52.97. A total volume of 1.73 million shares was traded, which was higher than their three months average volume of 1.63 million shares. The stock has advanced 1.75% in the last month, 13.91% in the previous three months, and 34.31% on an YTD basis. The Company's shares are trading 6.29% and 19.69% above their 50-day and 200-day moving averages, respectively. Additionally, shares of BorgWarner, which provides solutions for combustion, hybrid, and electric vehicles worldwide, have an RSI of 62.99.
On October 12th, 2017, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold'.
On October 17th, 2017, BorgWarner announced that it is providing its leading regulated two-stage (R2S®) turbocharger for Daimler's latest 2.9-liter six-cylinder inline diesel engine OM 656, which is initially featured in the updated Mercedes-Benz S-Class launched in 2017. This advanced turbocharging technology contributes to enhanced fuel economy and improves torque, performance, and exhaust gas recirculation rates even under full-load conditions while significantly reducing emissions. The complimentary research report on BWA can be downloaded at:
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Dana
Last Friday, shares in Maumee, Ohio headquartered Dana Inc. declined 0.10%, closing the session at $31.34. The stock recorded a trading volume of 1.97 million shares, which was higher than its three months average volume of 1.17 million shares. The Company's shares have advanced 10.00% in the last one month, 28.50% over the previous three months, and 65.12% on an YTD basis. The stock is trading 15.24% above its 50-day moving average and 40.04% above its 200-day moving average. Furthermore, shares of Dana have an RSI of 77.58.
On November 02nd, 2017 at the Specialty Equipment Market Association Show, Dana introduced a new line of Spicer® u-joints incorporating the Company's Spicer Life Series® (SPL®) technology - features that have been tested to deliver significantly more service life than competitive u-joints. The distinctive blue coating on the journal cross of the Spicer Blue-Coated Performance U-joints also has been shown to resist rust and corrosion in salt and mud testing. Visit DailyStockTracker.com today and access our complete research report on DAN at:
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Johnson Controls
Cork, Ireland headquartered Johnson Controls International PLC's stock finished the session 0.07% higher at $40.68 with a total trading volume of 3.56 million shares. The Company's shares have advanced 2.26% over the previous three months. The stock is trading above its 50-day moving average by 0.55%. Additionally, shares of Johnson Controls, which operates as a diversified technology and multi industrial company worldwide, have an RSI of 46.13.
On October 10th, 2017, Johnson Controls announced that it will host its Q4 FY17 earnings conference call on November 09th, 2017, at 11:00 a.m. EST. Get free access to your research report on JCI at:
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