StockCall Scrutinizes Quanta Services, Chicago Bridge & Iron, EMCOR, and Pike Electric

Mon Mar 18, 2013 12:17pm EDT

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LONDON,  March 18, 2013  /PRNewswire/ --

Markets took a mild tumble on the last day of the previous week as consumer
sentiments hit their lowest since 2011. However, Wall Street still maintains its
bullish sentiments, in contrast to Main Street, and the markets are likely to
make a comeback this week. The ongoing budget negotiations are also expected to
have an impact on the future direction of the markets. Our research team took a
look at the Industrial Goods sector, selecting the following major companies:
Quanta Services Inc. (NYSE: PWR), Chicago Bridge & Iron Company (NYSE: CBI),
Emcor Group Inc. (NYSE: EME) and Pike Electric Corporation (NYSE:  PIKE) from
the General Contractors industry.

StockCall reviewed the General Contractors industry and chose PWR, CBI, EME, and
 PIKE  for its technical coverage. These free reports can be seen for free at

Quanta Services Inc. traded in the range of  $29.22  and  $29.73  during
Friday's trading session. It opened at  $29.62  and closed at  $29.43, down 1.01
percent. The stock is currently in a bearish mode and has its first resistance
level at  $29.58. Upon breaching this level, Quanta Services may go as high as 
$29.91. It traded 2.00 million shares and is above its 20-day moving average
price of  $29.29. Its first support level is at  $29.13. So far in the year, the
stock is up 11.14 percent. The stock has average volatility as its beta is at
0.93. Download the free research on PWR by signing up now at

In contrast to the downward move shown by broad market indices, Chicago Bridge &
Iron Company NV's stock finished 0.09 percent high at  $57.87, with volume down
from daily average of 2.05 million to 1.20 million. The company's stock is
heading north up to now in 2013 with its year-to-date gain at 29.46 percent. It
currently shows a bullish trend which is further confirmed by the stock's MACD
chart. Chicago Bridge & Iron has its first support level at  $57.29. In the
coming trading sessions, it is likely to go as high as  $58.70. Register for
today's free analysis on CBI at

Shares of Emcor Group Inc. edged higher in the last trading day of the previous
week, in contrast to trend in the broad market. The stock closed 2.19 percent
higher at  $41.09  on above average volume of 982,511. Emcor's shares have
gained more than 20 percent this year, outperforming the broad market. It has
support at  $40.26. The stock is trading above its 20-day and 50-day moving
average price of  $38.83  and  $37.20  respectively. The stock's MACD is also
trading above the signal line and the zero-line. Both of these are bullish
signals. A free report on EME can be accessed by registering at

Pike Electric Corp. is currently in a bullish mode despite the stock ending its
previous trading session at  $14.76, own 1.99 percent. The stock traded in the
range of  $14.76  and  $15.10  during Friday's session. Its first support level
is at  $14.35  and upon breaching this level, the stock may go down to  $13.23 
level. On the upside, the company's stock may touch a  $16.56  level. The stock
has traded in the range of  $6.93  and  $15.21  in the past 52 weeks and it is
up by 68.11 percent during the same time period. Register with StockCall and
download the research on  PIKE  for free at

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William T. Knight, Email:, Contact Number: +1(646)396-9857
(9:00 am EST - 01:30 pm EST)

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