General Electric Company (NYSE: GE): fell by 1.13% or $-0.226/share to $19.73. In the past year, the shares have traded as low as $14.02 and as high as $21.00. On average, 48096800 shares of GE exchange hands on a given day and today's volume is recorded at 19777196. 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 $19.48 area where the stock will likely see buying pressure.
United Technologies Corp. (NYSE: UTX): fell by 0.68% or $-0.56/share to $81.64. In the past year, the shares have traded as low as $66.87 and as high as $91.83. On average, 4608620 shares of UTX exchange hands on a given day and today's volume is recorded at 1333572. 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 $83.60 represents resistance and the 200-day moving average of $77.60 would be an area of support.
3M Co (NYSE: MMM): fell by 1.30% or $-1.15/share to $87.64. In the past year, the shares have traded as low as $68.63 and as high as $98.19. On average, 2997860 shares of MMM exchange hands on a given day and today's volume is recorded at 986193. 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 $88.10 represents resistance and the 200-day moving average of $82.55 would be an area of support.
Tyco International Ltd. (NYSE: TYC): fell by 1.07% or $-0.6/share to $55.41. In the past year, the shares have traded as low as $37.39 and as high as $56.66. On average, 2987000 shares of TYC exchange hands on a given day and today's volume is recorded at 1519761. 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 $52.57 area where the stock will likely see buying pressure.
Siemens AG (ADR) (NYSE: SI): fell by 2.79% or $-2.7925/share to $97.37. In the past year, the shares have traded as low as $84.86 and as high as $146.74. On average, 816881 shares of SI exchange hands on a given day and today's volume is recorded at 649959. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $98.31 area where the stock may encounter resistance.