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Machinery Equities Technical Study -- Research on Meritor, Mueller Water Products, Pentair, and Parker Hannifin

NEW YORK, April 21, 2014 /PRNewswire/ --

The trading session on Thursday, April 17, 2014 ended on a mixed note as the S&P 500 finished the session 0.14% higher at 1,864.85 and the NASDAQ Composite closed at 4,095.52, up 0.23%. The Dow Jones Industrial Average finished at 16,408.54, down 0.10%. During the session, the seven out of ten sectors ended in positive. The S&P 500 Industrials Sector Index closed the day at 454.81, up 0.79%, and the same has advanced 2.96% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: Meritor Inc. (NYSE: MTOR), Mueller Water Products Inc. (NYSE: MWA), Pentair Ltd (NYSE: PNR) and Parker Hannifin Corp. (NYSE: PH). Free technical research on MTOR, MWA, PNR and PH can be downloaded upon signing up at:

http://www.investor-edge.com/1438-register

On Thursday, Shares in Meritor Inc. fluctuated between $11.31 and $11.85 before ending the session 2.90% higher at $11.69. Meritor Inc.'s stock reported a trading volume of 0.85 million shares, which is below its three months average volume of 1.38 million shares. Meritor Inc.'s shares have surged 4.56% in the previous three trading sessions, 11.44% in the last three months, and 12.08% on YTD basis. The stock is trading above its 200-day moving average of $9.09. Additionally, the stock traded at a PE ratio of 16.91 and has a Relative Strength Index (RSI) of 50.23. Sign up today to read free research on MTOR at:

http://www.investor-edge.com/1438-MTOR-21Apr2014.pdf

Mueller Water Products Inc.'s stock advanced 1.39%, to close the day at $9.46. The stock recorded a trading volume of 0.58 million shares, much below its three months average volume of 1.12 million shares. The stock oscillated between $9.27 and $9.50 during the trading session. Over the last three trading sessions and past three months, Mueller Water Products Inc.'s shares have gained 4.99% and 3.05%, respectively. The stock has advanced 0.96% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $9.35 and $8.53, respectively. Moreover, shares of the company have an RSI of 53.12. Sign up today to read free research on MWA at:

http://www.investor-edge.com/1438-MWA-21Apr2014.pdf

Pentair Ltd's stock finished the Thursday's session 0.55% lower at $79.55. A total of 1.47 million shares were traded, which was above its three months average volume of 1.33 million shares. The stock moved between $79.55 and $80.34 during the trading session. Over the last three trading sessions and previous three months, Pentair Ltd's shares have advanced 2.75% and 2.51%, respectively. Also, since the beginning of this year, the company's stock has gained an upside of 2.42%. The company's shares are trading above its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $79.04 is greater than its 200-day moving average of $70.26. Pentair Ltd's stock has an RSI of 53.14. Sign up today to read free research on PNR at:

http://www.investor-edge.com/1438-PNR-21Apr2014.pdf

On Thursday, Shares in Parker Hannifin Corp. recorded a trading volume of 1.34 million shares, higher than its three months average volume of 1.28 million shares. The stock ended the day at $125.35, which was 0.91% higher than its previous day's closing price of $124.22, and registered an intraday range of $124.10 and $126.00. Although, Parker Hannifin Corp.'s shares have gained 4.17% in the previous three trading sessions, 5.13% in the last one month, while the same has declined 2.56% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $119.70 and $113.68, respectively. Furthermore, the shares of the company traded at a PE ratio of 17.48 and have an RSI of 61.72. Sign up today to read free research on PH at:

http://www.investor-edge.com/1438-PH-21Apr2014.pdf


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