The Industrials Sector is posting strong gains in today's session, currently up 0.7% on the day.
The strongest stocks in the S&P 500 Industrials Sector currently are:
1) Flowserve FLS: Shares of Flowserve are currently trading up 4.7% from yesterday's close to $105.85. The stock may be looking to test its nine month low of $95.79, which was set on November 3rd. Flowserve's 50-day simple moving average is close to crossing below its 200-day simple moving average (one year daily chart), which is a bearish technical indicator known as the “Death Cross.”
2) PACCAR PCAR: Shares of PACCAR are currently trading up 3.4% from yesterday's close to $47.69. The stock has recently built support around $45.50. PACCAR's 50-day simple moving average recently crossed below its 200-day simple moving average (one year daily chart), which is a bearish technical indicator known as the “Death Cross.”
3) Rockwell Automation ROK: Shares of Rockwell Automation are currently trading up 2.5% from yesterday's close to $80.26. The stock has recently built support at $77. After that, no support comes into play until $71.20.
4) Iron Mountain IRM: Shares of Iron Mountain are currently trading up 2.3% from yesterday's close to $32.90. The stock broke above its 50-day simple moving average (one year daily chart) in today's trading session. Shares have been stuck in a tight consolidation range since June 3rd.
5) CSX CSX: Shares of CSX are currently trading up 2.2% from yesterday's close to $24.85. The stock has strong support around $24 dating back to March 15th. After that, no support comes into play until $22.83.
Weakness in the Sector: The following stocks are showing signs of weakness despite overall Sector strength:
1) Jabil Circuit JBL: Shares of Jabil Circuit are currently down 2.3% from yesterday's close to $18.17. The stock broke below its 200-day simple moving average (one year daily chart) in today's session.
2) Fluor FLR: Shares of Fluor are currently trading down 1.3% from yesterday's close to $60.62. The stock has broken through key support at $60.92 (a level dating back to December 15th) in today's session.
3) Jacobs Engineering JEC: Shares of Jacobs Engineering are currently trading down 0.4% from yesterday's close to $40.96. The stock may be looking to test its key support level at $37.39.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Long IdeasNewsShort IdeasTechnicalsIntraday UpdateMoversTrading IdeasConstruction & EngineeringConstruction & Farm Machinery & Heavy TrucksDiversified Commercial & Professional ServicesElectrical Components & EquipmentElectronic Manufacturing ServicesIndustrial MachineryIndustrialsindustrials sectorInformation TechnologyRailroadsS&P 500
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in