Industrials Stocks Surging Ahead

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.
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