Technical Briefing on Danaher, Illinois Tool Works, Pentair, and Generac

Thu Apr 4, 2013 8:24am EDT

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LONDON,  April 4, 2013  /PRNewswire/ --

Although economic data released this week has fallen short of expectations, the
outlook for the U.S. economy has improved significantly since the start of this
year. The housing market has shown the strongest recovery. Economic outlook for 
China, the world's second largest economy, has also been improving. After
experiencing a slowdown in the first half of 2012, the Chinese economy has shown
signs of picking up pace since late last year. Improving economic outlook for
U.S. and  China  should benefit diversified machine makers such as Danaher
Corporation (NYSE: DHR), Illinois Tool Works Inc. (NYSE: ITW), Pentair Ltd.
(NYSE: PNR), and Generac Holdings Inc. (NYSE: GNRC). On Wednesday, industrials
ended mostly lower, tracking losses in the broad market. StockCall has posted
free technical research reports on DHR, ITW, PNR, and GNRC and these can be
accessed by signing up at

Shares of Danaher Corporation fell sharply on Wednesday. The stock closed 1.05%
lower at  $61.09  after trading between  $60.85 and $61.90. Danaher's shares are
currently trading close to their 52-week high of  $62.90. The stock has had an
excellent run so far in 2013, gaining more than 9.30%. However, over the past
one year the company's shares have traded sideways, struggling to break through 
$63  resistance level. The stock's MACD has just crossed below the signal line,
which is a bearish signal. Download the free report on DHR upon registration at

Shares of Illinois Tool Works Inc. rose on Wednesday; however, the gains were
limited. The stock ended the day 0.39% higher at  $61.10  after touching an
intra-day high of  $61.54. Shares of ITW are trading nearly 6.30% below their
52-week high. Year-to-date, the stock has gained just a little over 1%. Illinois
Tool Works' shares are trading below their 50-day moving average, which is a
bearish signal. The stock's MACD is also trading below the signal line, and the
zero-line, further confirming the bearish trend. ITW technical report can be
accessed for free by signing up at

Shares of Pentair Ltd. ended marginally lower in Wednesday's trading session.
The stock closed 0.15% lower at  $51.81  after touching an intra-day low of 
$51.43. Pentair's shares have fallen nearly 1.80% in the last three trading
sessions. The company's shares have been struggling to break through  $54 
resistance level. The stock currently has strong support at around  $51. Its
MACD chart is currently giving bearish signals. Pentair's shares have had a
decent run so far this year, gaining nearly 5.90%. Free report on PNR can be
accessed by registering at

Generac Holdings Inc.'s shares were among the major losers in the industrials
sector yesterday. The stock fell to an intra-day low of  $34.20  before
finishing the day 3.21% lower at  $34.32. Generac's shares fell sharply after
failing to break through  $36  resistance level. The stock is now trading close
to  $34  support level. Shares of GNRC are also trading below their 50-day
moving average, which is a bearish signal. The downbeat trend is further
confirmed by the stock's MACD chart. Year-to-date, Generac Holdings shares have
been nearly flat even as the broad market has rallied. Register with StockCall
and download the research on GNRC for free at

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