Technical Study: Allegheny Technologies Inc., Precision Castparts Corp., Carpenter Technology Corp., and Reliance Steel &

   Technical Study: Allegheny Technologies Inc., Precision Castparts Corp.,
        Carpenter Technology Corp., and Reliance Steel & Aluminum Co.

PR Newswire

LONDON, September 24, 2013

LONDON, September 24, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

The U.S. equity market slipped on Monday, September 23, 2013. All three
benchmark indexes closed lower, with the Dow Jones Industrial Average, the S&P
500, and the NASDAQ Composite falling by 0.32%, 0.47%, and 0.25%,
respectively. Shares in the metal fabrication industry ended mostly on a lower
note, tracking losses in the broader market. The major movers in the sector
included Allegheny Technologies Inc. (NYSE: ATI), Precision Castparts
Corporation (NYSE: PCP), Carpenter Technology Corporation (NYSE: CRS), and
Reliance Steel & Aluminum Company (NYSE: RS). AAAResearchReports.com free
coverage on ATI, PCP, CRS, and RS is available upon registration at:

http://www.aaaresearchreports.com/register/

Shares in Allegheny Technologies Inc. posted marginal gains on Monday, even as
the broader market finished on a lower note. The company's shares vacillated
between $30.84 and $31.22 before ending the day 0.06% higher at $31.01. A
total of 1.16 million shares were traded, which is below the daily average
volume of 1.43 million. The company's shares have surged 12.64% in the last
one month and 12.52% in the previous three months, outperforming the S&P 500
which has advanced 2.30% and 6.87% during the respective periods. Moreover,
Allegheny Technologies Inc.'s stock is trading above its 50-day and 200-day
moving averages of $27.90 and $29.10, respectively. Download free technical
research on ATI by signing up at:

http://www.AAAResearchReports.com/ATI092413.pdf

On Monday, Precision Castparts Corp.'s stock fell sharply to close at$228.61,
which is 1.54% lower than the previous day's closing price of$232.19. The
company's shares oscillated between $228.50 and $233.15 during the trading
session. A total of 0.84 million shares were traded, which is above the daily
average volume of 0.72 million. Despite Monday's pullback, the company's
shares have gained 7.97% in the previous three months and 4.79% in the last
one month, compared to a gain of 6.87% and 2.30% in the S&P 500 during the
respective periods. Additionally, Precision Castparts Corp.'s stock is trading
above its 50-day and 200-day moving averages of $224.17 and $203.42,
respectively. Register now and get access to free analysis on PCP at:

http://www.AAAResearchReports.com/PCP092413.pdf

Shares in Carpenter Technology Corp. edged lower on Monday, extending the
losses from the previous trading session. The company's shares closed the day
0.31% lower at $57.90 after oscillating between $57.50 and $58.25. A total of
0.40 million shares were traded, which is above the daily average volume of
0.33 million. Carpenter Technology Corp.'s shares have gained 26.61% in the
previous three months and 3.21% in the last one month, compared to a gain of
6.87% and 2.30% in the S&P 500 during the respective periods. Further, the
company's stock is currently trading above its 50-day and 200-day moving
averages of $53.85 and $49.90, respectively. Sign up and read our
complimentary report on CRS at:

http://www.AAAResearchReports.com/CRS092413.pdf

Reliance Steel & Aluminum Co.'s stock declined by 0.88% on Monday, tracking
losses in the broader market. The company's shares vacillated between $74.32
and $75.58 before finishing the day at $74.32. A total of 0.50 million shares
were traded, which is above the daily average volume of 0.47 million. Reliance
Steel & Aluminum Co.'s shares have surged 15.06% in the previous three months
and 6.81% in the last one month, outperforming the S&P 500 which has gained
6.87% and 2.30% during the respective periods. Furthermore, the company's
stock is trading above its 50-day and 200-day moving averages of $69.87 and
$66.77, respectively. The free report on RS can be downloaded by signing up
now at:

http://www.AAAResearchReports.com/RS092413.pdf

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