Pre-Market Analysis on Goodyear Tire & Rubber, Kimberly-Clark, Owens-Illinois, and Callaway Golf PR Newswire LONDON, April 15, 2013 LONDON, April 15, 2013 /PRNewswire/ -- Equity markets ended lower on Friday as investors digested some disappointing economic data. A report released last Friday showed that consumer sentiment fell to a nine-month low in April, while retail sales fell in the month of March. The data suggests that the U.S. economy, which has shown signs of recovery since the start of this year, is still not completely out of the woods. The data also does not augur well for consumer goods companies such as The Goodyear Tire & Rubber Company (NASDAQ: GT), Kimberly Clark Corp. (NYSE: KMB), Owens-Illinois Inc. (NYSE: OI), and Callaway Golf Co. (NYSE: ELY). StockCall has posted free technical research on GT, KMB, OI, and ELY which can be downloaded upon sign up at http://www.stockcall.com/signup Shares of The Goodyear Tire & Rubber Company's shares fell sharply in trading on Friday. The stock closed 2.53% lower at $12.51 on above average volume of 3.99 million after touching an intra-day low of $12.35. Despite the sharp decline last Friday, Goodyear Tire's shares rose more than 2.80% last week. Year-to-date, however, the stock is down nearly 9.50%. The stock is currently trading below its 50-day moving average, which is a bearish signal. The negative trend is further confirmed by the stock's MACD chart. It is currently trading 14.64% below its 52-week high. Sign up and read the complimentary report on GT at http://www.StockCall.com/GT041513.pdf Kimberly Clark Corp.'s shares touched a 52-week high of $101.68 on Friday. The stock closed 0.11% higher at $101.23 on volume of 1.38 million, taking its gains for the week to more than 1.90%. The personal products company's shares have seen a series of highs over the past few weeks, which is a bullish signal. The stock's MACD is currently trading above the signal line and the zero-line, which further confirms the upbeat trend. Shares of KMB are also trading above their 50-day and 200-day moving averages, which is a bullish signal. Year-to-date, the stock has gained nearly 21%. The free report on KMB can be downloaded by signing up now at http://www.StockCall.com/KMB041513.pdf Shares of Owens-Illinois Inc. edged lower in Friday's trading session. The stock fell to an intra-day low of $26.02 before finishing the day 0.94% lower at $26.24 on volume of 970,387. Despite the sharp decline, Owens-Illinois' shares gained more than 2.30%. The company's shares last week crossed above their 50-day moving average, which is a bullish signal. The positive trend is further confirmed by its MACD chart. However, the stock currently faces resistance at around $27. Owens-Illinois' shares have outperformed the broad market so far in 2013, gaining more than 23%. Free report on OI can be accessed by registering at http://www.StockCall.com/OI041513.pdf Shares of Callaway Golf Co. tumbled in Friday's trading session. The stock ended the day 6% lower at $6.58 on above average volume of 2.46 million. Callaway Golf's shares touched an intra-day low of $6.45. The company's shares saw a sharp pullback after failing to break through $7 resistance level. The stock has slipped below its 50-day moving average, which is a bearish signal. The downbeat trend is further confirmed by the stock's MACD chart. Register with StockCall and download the research on ELY for free at http://www.StockCall.com/ELY041513.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: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
Pre-Market Analysis on Goodyear Tire & Rubber, Kimberly-Clark, Owens-Illinois, and Callaway Golf
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