United Technologies Corporation (UTX) saw its value decrease by -1.47% as the stock dropped $-1.5 to finish the day at a closing price of $100.58. The stock was higher in trading and has fluctuated between $83.39-$109.83 per share for the past year. The shares, which traded within a range of $99.81 to $101.01 during the day, are down by -2.66% in the past three months and down by -0.27% over the past six months. It is currently trading -1.37% below its 20 day moving average and -4.4% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $114 a share over the next twelve months. The current relative strength index (RSI) reading is 38.53.The technical indicator lead us to believe there will be no major movement any time soon, hold.
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services. The company’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications. This segment offers electronic security products, including intruder alarms, access control systems, and video surveillance systems; and fire safety products; systems integration, video surveillance, installation, maintenance, and inspection services; and monitoring and response services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation markets; and provides aftermarket maintenance, repair, and overhaul, as well as fleet management services. The company’s UTC Aerospace Systems segment provides electric power generation, power management, and distribution systems; air data, and flight sensing and management systems; engine control, electric, intelligence, surveillance, and reconnaissance systems; engine components; environmental control systems; fire and ice detection, and protection systems; propeller systems; cargo, actuation, and landing systems; aircraft aero structures, and lighting and seating products; space products and subsystems; and aftermarket services. United Technologies Corporation offers its services through manufacturers’ representatives, distributors, wholesalers, dealers, retail outlets, and sales representatives, as well as directly to customers. The company was founded in 1934 and is headquartered in Farmington, Connecticut.
Energy Transfer Equity, L.P. (ETE) shares were down in last trading by -3.27% to $15.95. It experienced lighter than average volume on day. The stock decreased in value by almost -5% over the past week and fell -15.88% in the past month. It is currently trading -6.98% below its 50 day moving average and 31.63% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -31.1% decrease in value from its one year high of $25.07. The RSI indicator value of 38.63, lead us to believe that it is a hold for now.
Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.
Apache Corp. (APA) traded within a range of $62.77 to $64.6 after opening the day at $64.25. The company has seen its stock increase in value by 44.76% so far this year. The stock was down close to -1.19% on light volume in last trading session and closed at $63.33 per share. After the recent fall, the stock is currently holding -4.05% below its 52 week high of $66 and 98.48% above its 12-month low of $32.2. The shares are up by over 15.44% in the last three months, and the RSI indicator value of 66.75 is neither bullish nor bearish, tempting investors to stay on the sidelines.