ABB Ltd (ADR) (NYSE: ABB): fell by 0.97% or $-0.2/share to $20.41. In the past year, the shares have traded as low as $15.89 and as high as $27.58. On average, 2474160 shares of ABB exchange hands on a given day and today's volume is recorded at 1139016. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $20.82 represents resistance and the 200-day moving average of $19.32 would be an area of support.
Leucadia National Corp. (NYSE: LUK): fell by 0.63% or $-0.1725/share to $27.24. In the past year, the shares have traded as low as $20.19 and as high as $39.14. On average, 879566 shares of LUK exchange hands on a given day and today's volume is recorded at 334530. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $28.22 represents resistance and the 200-day moving average of $25.59 would be an area of support.
Alleghany Corporation (NYSE: Y): fell by 0.75% or $-2.5/share to $330.67. In the past year, the shares have traded as low as $277.03 and as high as $340.91. On average, 114969 shares of Y exchange hands on a given day and today's volume is recorded at 14216. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $318.23 area where the stock will likely see buying pressure.
Raytheon Company (NYSE: RTN): fell by 0.17% or $-0.09/share to $52.87. In the past year, the shares have traded as low as $38.35 and as high as $52.99. On average, 2272680 shares of RTN exchange hands on a given day and today's volume is recorded at 653196. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $50.95 area where the stock will likely see buying pressure.
