Technical Briefing on Lockheed Martin, General Dynamics, Textron, and AerCap

 Technical Briefing on Lockheed Martin, General Dynamics, Textron, and AerCap

PR Newswire

LONDON, April 15, 2013

LONDON, April 15, 2013 /PRNewswire/ --

Concerns about the U.S. economy losing its momentum pulled the markets down on
the last day of the previous trading week. Weak retail sales data further
strained the markets and consequently all the major indices closed in the red.
The markets are likely to remain subdued this week as well. Our research team
tracked major industrial goods companies within the aerospace and defense
spaces like Lockheed Martin Corporation (NYSE: LMT), General Dynamics
Corporation (NYSE: GD), Textron Inc. (NYSE: TXT) and AerCap Holdings NV (NYSE:
AER). StockCall has posted free technical research reports on LMT, GD, TXT,
and AER and these can be accessed by signing up at

Lockheed Martin Corporation closed its latest trading session at $97.18, down
0.12 percent from its previous close. The stock traded in the range of $96.25
and $97.25 in last Friday's session on volume of 1.23 million shares. It is
likely to face its first resistance level at $98.36 and upon breaching this
level the stock may go up to $98.75. On the downside, the company's stock may
tumble to $96.47 level. It is has low volatility as it sports the beta of
0.94. So far in 2013, it gained 6.39 percent, whereas in the past 52 weeks it
climbed 8.82 percent of its value. The stock is in a bullish mode. Download
the free report on LMT upon registration at

General Dynamics Corporation's stock slashed its YTD returns with 1.02 percent
loss in Friday's trading session. The stock traded in the range of $69.99 and
$70.91 and closed at $70.60. However, it traded higher than average number of
shares at 3.32 million. The stock is in a bullish mode and is likely to
maintain its upward ascent in the coming sessions. Its first resistance level
is at $71.45 and it may test the support level of $70.51 in the coming trading
sessions. Upon breaching this level, the stock may tumble to $69.47. The stock
is highly volatile with beta of 1.22. GD technical report can be accessed for
free by signing up at

Textron Inc. traded in the range of $29.54 and $29.86 in its latest trading
session. Its volume stood at 2.14 million shares, down from its average daily
volume of 2.32 million. Textron closed Friday's session at $29.81, down 0.43
percent. The stock is currently trading above its short-term moving average
price of $29.75, showing a neutral trend. In the coming sessions, the stock is
expected to go as high as $31.21, while its first support level is at $29.53.
The stock trades at beta of 2.66, making it a highly volatile stock to own. It
has appreciated 23.59 percent on a YTD basis. Free report on TXT can be
accessed by registering at

AerCap Holdings NV extended its 52 weeks gains to 54.8 percent by closing its
previous trading session 0.37 percent higher. The stock closed at $16.44, with
trading volume of 272,722 shares. It is up 22.05 percent on a YTD basis.
AerCap is currently in a bullish mode and is expected to go up to $17.39 in
the coming trading sessions. Its next resistance level is at $17.55. On the
downside, it is expected to face its first support level at $15.82. The stock
traded in the range of $10.51 and $16.57 in the past 52 weeks. Register with
StockCall and download the research on AER for free at

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Contact: William T. Knight, Email:, Contact Number:
+1(646)396-9857 (9:00 am EST - 01:30 pm EST)
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