Technicals before the Market Bells: Allegheny Technologies, Carpenter Technology, Precision Castparts, and Reliance Steel &

    Technicals before the Market Bells: Allegheny Technologies, Carpenter
        Technology, Precision Castparts, and Reliance Steel & Aluminum

PR Newswire

LONDON, January 2, 2014

LONDON, January 2, 2014 /PRNewswire/ --

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

On Tuesday, December 31, 2013, the US equity market ended on a higher note as
the S&P 500 ended the day at 1,848.36, up 0.40%; the Dow Jones Industrial
Average closed at 16,576.66, up 0.44%; and the NASDAQ Composite finished at
4,176.59, up 0.54%. The S&P 500 Materials Sector Index edged 0.26% higher to
end the day at 291.64; while the S&P 500 Steel Sub Industry Index ended the
day at 130.29, down 0.28%. However, the S&P 500 Steel Sub Industry Index has
advanced 5.71% in the last one month and 15.76% in the previous three months,
outperforming the S&P 500, which has gained 2.36% and 9.05%, during the
respective periods. Meanwhile, the S&P 500 Aerospace & Defense Sub Industry
Index gained 0.59% to end the day at 649.21. The major movers in the Material
Sector included Allegheny Technologies Inc. (NYSE: ATI), Carpenter Technology
Corporation (NYSE: CRS), Precision Castparts Corporation (NYSE: PCP), and
Reliance Steel & Aluminum Company (NYSE: RS). AAAResearchReports.com has
completed their technical analysis on ATI, CRS, PCP, and RS and these free
reports are accessible by registering at:

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

On Tuesday, shares in Allegheny Technologies Inc. ended the day at $35.63, up
0.45% from the previous day's closing price of $35.47. The company's shares
oscillated between $35.35 and $35.84 during the trading session. A total of
0.59 million shares were traded, which is below the daily average volume of
1.24 million. The company's shares have gained 7.25% in the last one month and
15.05% in the previous three months, outperforming the S&P 500, which has
gained 2.36% and 9.05%, during the respective periods. Furthermore, Allegheny
Technologies Inc.'s stock is trading near its 52-week high of $35.89 and above
its 50-day and 200-day moving averages of $33.47 and $29.76, respectively.
Sign up for free technical research on ATI at:

http://www.AAAResearchReports.com/ATI010214.pdf

Carpenter Technology Corp.'s stock edged 0.42% higher on Tuesday, tracking
gains in the broader market. The company's shares closed the day at $62.20,
after vacillating between $61.88 and $62.38 during the trading session. A
total of 0.29 million shares were traded, which is below the daily average
volume of 0.34 million. The company's shares have gained 3.17% in the last one
month and 4.22% in the previous three months, compared to a gain of 2.36% and
9.05%, during the respective periods. Further, Carpenter Technology Corp.'s
stock is trading near its 52-week high of $62.95 and above its 50-day and
200-day moving averages of $60.82 and $53.37, respectively. Be sure to read
our latest technical research on CRS by registering at:

http://www.AAAResearchReports.com/CRS010214.pdf

On Tuesday's, Precision Castparts Corp.'s stock finished the day at $269.30,
which is 0.32% higher than the previous day's closing price of $268.43. The
company's shares fluctuated between $268.15 and $269.96 during the trading
session. A total of 0.38 million shares were traded, which is below the daily
average volume of 0.56 million. The company's shares have gained 4.20% in the
last one month and 15.97% in the previous three months, outperforming the S&P
500, which has gained 2.36% and 9.05%, during the respective periods.
Additionally, Precision Castparts Corp.'s stock is trading near its 52-week
high of $271.99 and above its 50-day and 200-day moving averages of $255.80
and $225.23, respectively. Sign up and read the complimentary report on PCP
at:

http://www.AAAResearchReports.com/PCP010214.pdf

Shares in Reliance Steel & Aluminum Co. gained 0.64% on Tuesday, closing the
day at $75.84. The company's shares traded between $75.39 and $75.91 during
the session. A total of 0.25 million shares were traded, which is below the
daily average volume of 0.38 million. The company's shares have gained 3.14%
in the last one month and 2.56% in the previous three months, compared to a
gain of 2.36% and 9.05%, during the respective periods. Furthermore, Reliance
Steel & Aluminum Co.'s stock is trading near its 52-week high of $76.78 and
above its 50-day and 200-day moving averages of $74.09 and $69.98,
respectively. The free report on RS can be downloaded by signing up now at:

http://www.AAAResearchReports.com/RS010214.pdf

----

EDITOR NOTES:

1.This is not company news. We are an independent source and our views do
    not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
    basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are
    only human and are prone to make mistakes. If you notice any errors or
    omissions, please notify us below.
3.This information is submitted as a net-positive to companies mentioned, to
    increase awareness for mentioned companies to our subscriber base and the
    investing public.
4.If you wish to have your company covered in more detail by our team, or
    wish to learn more about our services, please contact us at
    pubco@EquityNewsNetwork.com.
5.For any urgent concerns or inquiries, please contact us at
    compliance@EquityNewsNetwork.com.
6.Are you a public company? Would you like to see similar coverage on your
    company? Send us a full investors' package to
    research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider represented by Ananya Ghosh, CFA, has
only reviewed the information provided by Equity News Network in this article
or report according to the Procedures outlined by Equity News Network. Equity
News Network is not entitled to veto or interfere in the application of such
procedures by the outsourced provider to the articles, documents or reports,
as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned
at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does not (1) guarantee
the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The
included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
Institute.

SOURCE AAA Research Reports

Contact: Phone #: + 1 (646) 396-9126 Contact Name: Peter F. Jones Email ID:
info@aaaresearchreports.com
 
Press spacebar to pause and continue. Press esc to stop.