Breakfast Technical Briefing on Allegheny Technologies and Three Other Additional Industrial Goods Stocks

Stock Research Monitor: KMT, SWK, and TKR

LONDON, UK / ACCESSWIRE / June 26, 2018 / If you want a free Stock Review on ATI sign up now at www.wallstequities.com/registration. On Monday, June 25, 2018, US markets saw broad based losses with seven out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday’s session. The NASDAQ Composite ended the day at 7,532.01, down 2.09%; the Dow Jones Industrial Average edged 1.33% lower, to finish at 24,252.80; and the S&P 500 closed at 2,717.07, down 1.37%. This Tuesday morning, WallStEquities.com looks at the performance of these four Industrial Goods stocks: Kennametal Inc. (NYSE: KMT), Stanley Black & Decker Inc. (NYSE: SWK), The Timken Co. (NYSE: TKR), and Allegheny Technologies Inc. (NYSE: ATI). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Kennametal

On Monday, shares in Pittsburgh, Pennsylvania-based Kennametal Inc. recorded a trading volume of 820,778 shares. The stock ended the session 1.94% lower at $35.44. The stock is trading below its 50-day moving average by 7.86%. Moreover, shares of Kennametal, which develops and applies tungsten carbides, ceramics, super-hard materials, and solutions for use in metal cutting and mission-critical wear applications to combat extreme conditions related with wear fatigue, corrosion, and high temperatures worldwide, have a Relative Strength Index (RSI) of 38.60.

On June 21st, 2018, research firm Wells Fargo downgraded the Company’s stock rating from ‘Outperform’ to ‘Market Perform’. Get the full research report on KMT for free by clicking below at:

www.wallstequities.com/registration/?symbol=KMT

Stanley Black & Decker

New Britain, Connecticut headquartered Stanley Black & Decker Inc.’s stock closed the day 0.79% lower at $133.93 with a total trading volume of 1.11 million shares. The stock is trading below its 50-day moving average by 6.69%. Additionally, shares of the Company, which provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide, have an RSI of 30.85. SWK’s complimentary research coverage is a few simple steps away at:

www.wallstequities.com/registration/?symbol=SWK

Timken

Shares in North Canton, Ohio headquartered The Timken Co. recorded a trading volume of 655,754 shares. The stock ended yesterday’s trading session 1.23% lower at $44.05. The stock is trading below its 50-day moving average by 6.56%. Furthermore, shares of Timken, which engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, lubrication systems, couplings, industrial clutches and brakes, and related products worldwide, have an RSI of 29.72.

On May 29th, 2018, research firm Stifel upgraded the Company’s stock rating from ‘Hold’ to ‘Buy’ while revising its previous target price from $52 a share to $60 a share. Register for your free research report on TKR at:

www.wallstequities.com/registration/?symbol=TKR

Allegheny Technologies

Pittsburgh, Pennsylvania-based Allegheny Technologies Inc.’s stock finished Monday’s session 9.08% lower at $24.83 with a total trading volume of 3.33 million shares, which was above their three months average volume of 1.79 million shares. The Company’s shares have advanced 47.62% in the past twelve months. The stock is trading below its 50-day moving average by 10.48%. Additionally, shares of Allegheny Technologies, which manufactures and sells specialty materials and components worldwide, have an RSI of 30.31.

On June 25th, 2018, research firm Longbow downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’. Wall St. Equities’ downloadable research report on ATI available at:

www.wallstequities.com/registration/?symbol=ATI

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

WSE has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com

Phone number: 21 32 044 483

Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Wall St. Equities

ReleaseID: 503715