Technical Briefing: Danaher Corp., Illinois Tool Works Inc., Generac Holdings Inc., and China Ming Yang Wind Power Group Ltd

Mon Sep 23, 2013 10:57am EDT

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Technical Briefing: Danaher Corp., Illinois Tool Works Inc., Generac Holdings Inc., and China Ming Yang Wind Power Group Ltd

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LONDON, September 23, 2013 /PRNewswire/ --

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On Friday, September 20, 2013, all three benchmark indexes closed lower, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 1.19%, 0.72%, and 0.39%, respectively. The shares in the diversified machinery industry ended mostly high, even as the broader markets finished on a lower note. The major movers in the sector included Danaher Corporation (NYSE: DHR), Generac Holdings Inc. (NYSE: GNRC), Illinois Tool Works Inc. (NYSE: ITW), and China Ming Yang Wind Power Group Ltd.  (NYSE: MY). All these companies are tracked by AAAResearchReports.com. Free technical research reports on DHR, GNRC, ITW, and MY can be accessed by signing up at:

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

On Friday, Danaher Corp.'s stock fell sharply to close at $69.57, which is 1.01% lower than the previous day's closing price of $70.28. The company's shares oscillated between $69.57 and $70.72 during the trading session. A total of 5.13 million shares were traded, which is above the daily average volume of 2.62 million. Despite Friday's sharp decline, the company's shares have gained 12.01% in the previous three months and 3.39% in the last one month, outperforming the S&P 500 which has advanced 7.38% and 2.79% during the respective periods. Additionally, Danaher Corp.'s stock is trading above its 50-day and 200-day moving averages of $67.57 and $62.40, respectively. Download free report on DHR upon registration at:

http://www.AAAResearchReports.com/DHR092313.pdf  

Shares in Generac Holdings Inc. surged on Friday, even as the broader market finished on a lower note. The company's shares finished the day 3.37% higher at $43.60 after fluctuating between $42.35 and $43.60 during the trading session. A total of 1.22 million shares were traded, which is above the daily average volume of 0.92 million. The company's shares have gained 25.11% in the previous three months and 4.13% in the last three trading sessions, outperforming the S&P 500 which has gained 7.38% and 0.30% during the respective periods. Further, Generac Holdings Inc.'s stock is trading near its 52-week high of $44.30 as well as above its 50-day and 200-day moving averages of $41.62 and $34.56, respectively. GNRC technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/GNRC092313.pdf  

Illinois Tool Works Inc.'s stock edged higher on Friday, hitting a new 52-week high of $77.04. The company's shares closed the day at $76.49, up 0.21% from the previous day's price of $76.33. A total of 2.77 million shares were traded, which is above the daily average volume of 1.74 million. The company's shares have gained 4.95% in the last one month and 11.78% in the previous three months, outperforming the S&P 500 which has gained 2.79% and 7.38% during the respective periods. Furthermore, Illinois Tool Works Inc.'s stock is trading above its 50-day and 200-day moving averages of $73.06 and $66.74, respectively. A free report on ITW can be accessed by registering at:

http://www.AAAResearchReports.com/ITW092313.pdf  

Shares in China Ming Yang Wind Power Group Ltd. rallied 7.14% on Friday, even as the US equity market posted losses. The company's shares fluctuated between $1.85 and $1.95 before ending the session at the intra-day high of $1.95. A total of 1.45 million shares were traded, which is above the daily average volume of 0.43 million. The company's shares have rallied 21.12% in the previous three months and 16.07 % in the last one month, compared to a gain of 7.38% and 2.79% in the S&P 500 during the respective periods. Moreover, the company's stock is currently trading near its 52-week high of $2.26 as well as above its 50-day and 200-day moving averages of $1.67 and $1.54, respectively. Register with AAA Research Reports and download research on MY for free at:

http://www.AAAResearchReports.com/MY092313.pdf  

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