Today's Technical View on Chicago Bridge & Iron, Quanta Services, Manitowoc, and AGCO Corp.

 Today's Technical View on Chicago Bridge & Iron, Quanta Services, Manitowoc,
                                and AGCO Corp.

PR Newswire

LONDON, April 16, 2013

LONDON, April 16, 2013 /PRNewswire/ --

Markets continued their fall as the growing concerns about the economic growth
rate weighed the stocks down. The industrial goods sector also suffered as
companies like Chicago Bridge & Iron Company NV (NYSE: CBI) and Quanta
Services Inc. (NYSE: PWR) showed steep declines on Monday. Other major
companies such as Manitowoc Company Inc. (NYSE: MTW) closed 8.66 percent lower
while AGCO Corporation (NYSE: AGCO) also showed a bearish trend. StockCall
initiated free in-depth technical analysis on CBI, PWR, MTW, and AGCO which
are currently available upon sign up at

Chicago Bridge & Iron Company NV traded in the range of $51.78 and $56.20 in
its latest trading session. Its volume stood at 4.74 million shares, up from
its average daily volume of 1.99 million. The company's stock closed Monday's
session at $52.55, down 6.93 percent. The stock is currently trading below its
short-term moving average price of $52.81, showing a bearish trend. In the
coming sessions, Chicago Bridge & Iron is expected to go as high as $53.38,
while its first support level is at $52.24. The stock trades at beta of 2.31,
making it a volatile stock to own. It has appreciated 17.56 percent on a YTD
basis while its 52 weeks gain stands at 25.21 percent. Sign up for the free
technical analysis on CBI at

Quanta Services Inc. closed its Monday's trading session at $26.71, down 4.81
percent from its previous close. The stock shows a bearish trend but currently
is in the oversold territory with its Relative Strength Index at 36.18. It is
likely to go up in the coming trading sessions and may find resistance at
$26.91. Upon breaching this level, it may go up to $27.85 level. The company's
stock traded 1.85 million shares during yesterday's session, and it oscillated
in the range of $26.69 and $27.76. The stock has appreciated 28.78 percent in
the past 52 weeks while its price range for the said period is between $20.52
and $29.94. Download the free report on PWR by registering at

Manitowoc Company Inc. made a downward movement with a 8.66 percent loss in
its latest trading session. The company's stock ended at $16.99 and its
highest price point for the session stood at $18.40. In the past 12 months,
the stock has appreciated 21.88 percent while its YTD gain stands at 11.63
percent. MTW trades at beta of 3.19, which implies high volatility. It traded
5.54 million shares during Monday's session, in comparison to its regular
daily volume of 2.44 million shares. Manitowoc commands market capitalization
of $2.26 billion. The free report on MTW can be downloaded by signing up now

AGCO Corporation trimmed its 52 weeks gain to 6.97 percent by closing its
previous trading session 5.70 percent lower. The stock closed at $48.02, with
trading volume of 1.87 million shares. It is down 0.1 percent on a YTD basis.
The company's stock is currently in a bearish mode and is expected to go up to
$49.47 in the coming trading sessions. Its next resistance level is at $50.16.
On the downside, it is expected to face its first support level at $47.82.
AGCO traded in the range of $38.09 and $50.59 in the past 52 weeks. Free
report on AGCO can be accessed by registering at

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