Large Inflow of Money Detected in United Technologies Corporation

United Technologies Corporation (UTX) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $39.36 million worth of transactions were on upticks, whereas, the downticks accounted for $33.64 million worth of transactions. The net money flow was a positive $5.72 million and the uptick to downtick ratio was 1.17. The net money flow into the stock was $4.78 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $4.78 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. United Technologies Corporation (UTX) was trading at $105, down $0.09 during day. The stock slid -0.09% over the previous days close. For the week, the stock recorded 1.29% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 3.49% and the 50-Day Moving Average is 4.16%. Shares have dropped -6.83% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $112.36 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $101.07 and the 200 Day Moving Average price is recorded at $97.26.

United Technologies Corporation (NYSE:UTX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $105.98 and $104.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $105.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $105.14, notching a gain of 0.05% for the day. The total traded volume was 3,307,876 . The stock had closed at $105.09 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Gill Charles D, officer (Executive VP & General Counsel) of United Technologies Corp /De/, had unloaded 8,958 shares at an average price of $102.04 in a transaction dated on June 8, 2016. The total value of the transaction was worth $914,074.

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. Otis designs, manufactures, sells and installs a range of passenger and freight elevators for low-, medium- and high-speed applications, as well as a line of escalators and moving walkways. UTC Climate, Controls & Security is a provider of heating, ventilating, air conditioning (HVAC) and refrigeration solutions. Pratt & Whitney segment supplies aircraft engines for the commercial, military, business jet and general aviation markets. UTC Aerospace Systems is a global provider of technologically advanced aerospace products and aftermarket service solutions. Its Sikorsky segment manufactures military and commercial helicopters and also provides aftermarket helicopter and aircraft parts and services.

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