Pre-Market Technical Recap on Farm and Construction Machinery Stocks -- Caterpillar, CNH Industrial, Deere, and Manitowoc

NEW YORK, July 13, 2017 /PRNewswire/ --

If you want a Stock Review on CAT, CNHI, DE, or MTW then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Farm and Construction Machinery companies are engaged in the manufacturing of vehicles and machinery for construction and agricultural operations. The industry includes heavy trucks, road paving and earth-moving machinery, tractors, bulldozers, cranes, planting, and harvesting machinery. Pre-market, DailyStockTracker.com scans the following articles: Caterpillar Inc. (NYSE: CAT), CNH Industrial N.V. (NYSE: CNHI), Deere & Co. (NYSE: DE), and The Manitowoc Co. Inc. (NYSE: MTW). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register/

Caterpillar 

Peoria, Illinois headquartered Caterpillar Inc.'s shares climbed 0.67%, finishing Wednesday's trading session at $108.96. A total volume of 3.61 million shares was traded. In the last month and the previous three months, the stock has advanced 2.72% and 12.21%, respectively. Additionally, the Company's shares have gained 17.49% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.61% and 13.90%, respectively. Moreover, shares of Caterpillar, which manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives for heavy and general construction, rental, quarry, aggregate, mining, waste, material handling, oil and gas, power generation, marine, rail, and industrial markets, have a Relative Strength Index (RSI) of 64.61.

On June 23^rd, 2017, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $121 a share to $106 a share.

On July 11^th, 2017, Caterpillar announced that it will release Q2 2017 financial results on July 25^th, 2017, at 6:30 a.m. CDT. A real-time, listen-only teleconference and webcast of the quarterly results call with security analysts and institutional investors will begin at 10:00 a.m. CDT on the same day. Free research report on CAT is available at:

http://dailystocktracker.com/registration/?symbol=CAT

CNH Industrial 

On Wednesday, shares in London, the UK-based CNH Industrial N.V. recorded a trading volume of 2.01 million shares, which was above their three months average volume of 1.78 million shares. The stock ended the session 0.17% lower at $11.98. The Company's shares have gained 6.49% in the last one month, 21.50% over the previous three months, and 37.86% on an YTD basis. The stock is trading 6.61% above its 50-day moving average and 27.27% above its 200-day moving average. Furthermore, shares of CNH Industrial, which designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, and buses worldwide, have an RSI of 66.00.

On June 19^th, 2017, research firm Bank of America/Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On July 06^th, 2017, CNH Industrial announced that its Curitiba, Brazil plant has been certified Silver Level in the World Class Manufacturing program. One of the most complex manufacturing sites in the Latin American region, Curitiba produces agricultural equipment, including tractors, combine harvesters, and draper headers for both of the Company's global agricultural brands, Case IH and New Holland Agriculture. The complimentary research report on CNHI can be downloaded at:

http://dailystocktracker.com/registration/?symbol=CNHI

Deere 

Shares in Moline, Illinois headquartered Deere & Co. closed at $123.48, down 3.58% from the last trading session. The stock recorded a trading volume of 4.85 million shares, which was above its three months average volume of 2.56 million shares. The Company's shares have gained 11.08% over the previous three months and 19.84% since the start of this year. The stock is trading 1.79% and 15.97% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Deere, which together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide, have an RSI of 49.31.

On June 26^th, 2017, Deere announced that it has purchased Mazzotti, a privately-held sprayer manufacturer based in Ravenna, Italy. Mazzotti, a 30-year-old family-owned business, will maintain its name, trademark, and commercial agreements, and will continue serving customers with high-quality products and services. As a result of the announcement, Mazzotti will have the full support and commitment of the Company to enhance its already successful sprayer business. Visit DailyStockTracker.com today and access our complete research report on DE at:

http://dailystocktracker.com/registration/?symbol=DE

Manitowoc 

Wisconsin-based The Manitowoc Co. Inc.'s stock ended 0.17% lower at $5.82 with a total trading volume of 1.31 million shares. The Company's shares are trading above their 200-day moving average by 2.28%. Shares of the Company, which provides engineered lifting equipment for the construction industry worldwide, have an RSI of 48.22. Get free access to your research report on MTW at:

http://dailystocktracker.com/registration/?symbol=MTW

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) 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. DST 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. 

DST 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 contact@dailystocktracker.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 DST. DST 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 

DST, 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. DST, 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, DST, 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 DST 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

http://dailystocktracker.com/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: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

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

SOURCE Chelmsford Park SA