Technical Briefing on Danaher, Illinois Tool Works, Pentair, and Generac PR Newswire LONDON, April 4, 2013 LONDON, April 4, 2013 /PRNewswire/ -- Although economic data released this week has fallen short of expectations, the outlook for the U.S. economy has improved significantly since the start of this year. The housing market has shown the strongest recovery. Economic outlook for China, the world's second largest economy, has also been improving. After experiencing a slowdown in the first half of 2012, the Chinese economy has shown signs of picking up pace since late last year. Improving economic outlook for U.S. and China should benefit diversified machine makers such as Danaher Corporation (NYSE: DHR), Illinois Tool Works Inc. (NYSE: ITW), Pentair Ltd. (NYSE: PNR), and Generac Holdings Inc. (NYSE: GNRC). On Wednesday, industrials ended mostly lower, tracking losses in the broad market.StockCall has posted free technical research reports on DHR, ITW, PNR, and GNRC and these can be accessed by signing up at http://www.stockcall.com/analysis Shares of Danaher Corporation fell sharply on Wednesday. The stock closed 1.05% lower at $61.09 after trading between $60.85 and $61.90. Danaher's shares are currently trading close to their 52-week high of $62.90. The stock has had an excellent run so far in 2013, gaining more than 9.30%. However, over the past one year the company's shares have traded sideways, struggling to break through $63 resistance level. The stock's MACD has just crossed below the signal line, which is a bearish signal. Download the free report on DHR upon registration at http://www.StockCall.com/DHR040413.pdf Shares of Illinois Tool Works Inc. rose on Wednesday; however, the gains were limited. The stock ended the day 0.39% higher at $61.10 after touching an intra-day high of $61.54. Shares of ITW are trading nearly 6.30% below their 52-week high. Year-to-date, the stock has gained just a little over 1%. Illinois Tool Works' shares are trading below their 50-day moving average, which is a bearish signal. The stock's MACD is also trading below the signal line, and the zero-line, further confirming the bearish trend. ITW technical report can be accessed for free by signing up at http://www.StockCall.com/ITW040413.pdf Shares of Pentair Ltd. ended marginally lower in Wednesday's trading session. The stock closed 0.15% lower at $51.81 after touching an intra-day low of $51.43. Pentair's shares have fallen nearly 1.80% in the last three trading sessions. The company's shares have been struggling to break through $54 resistance level. The stock currently has strong support at around $51. Its MACD chart is currently giving bearish signals. Pentair's shares have had a decent run so far this year, gaining nearly 5.90%. Free report on PNR can be accessed by registering at http://www.StockCall.com/PNR040413.pdf Generac Holdings Inc.'s shares were among the major losers in the industrials sector yesterday. The stock fell to an intra-day low of $34.20 before finishing the day 3.21% lower at $34.32. Generac's shares fell sharply after failing to break through $36 resistance level. The stock is now trading close to $34 support level. Shares of GNRC are also trading below their 50-day moving average, which is a bearish signal. The downbeat trend is further confirmed by the stock's MACD chart. Year-to-date, Generac Holdings shares have been nearly flat even as the broad market has rallied. Register with StockCall and download the research on GNRC for free at http://www.StockCall.com/GNRC040413.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person: William T. Knight, Email: email@example.com, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST).
Technical Briefing on Danaher, Illinois Tool Works, Pentair, and Generac
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