PACCAR (PCAR) Shares are Up 1.47%

PACCAR (PCAR) has been under a strong bear grip, hence the stock is down -0.19% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.3% in the past 1 week. The stock has risen by 1.47% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.73% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.18% and the 50-Day Moving Average is 1.24%.The 200 Day SMA reached 9.99%

PACCAR

PACCAR (NASDAQ:PCAR): After opening at $58.4, the stock dipped to an intraday low of $57.99 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $59.3 and the buying power remained strong till the end. The stock closed at $58.78 for the day, a gain of 1.54% for the day session. The total traded volume was 2,219,689. The stocks close on the previous trading day was $58.78.

PACCAR (PCAR) : Currently there are 14 street experts covering PACCAR (PCAR) stock. The most bullish and bearish price target for the stock is $70 and $44 respectively for the short term. The average price target of all the analysts comes to $57.93. The estimated standard deviation from the target is $8.05.

PACCAR Inc is a company operating in three principal industry segments: the Truck segment, includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks; the Parts segment, includes the distribution of aftermarket parts for trucks and related commercial vehicles, and the Financial Services segment, includes finance and leasing products and services provided to customers and dealers in the United States, Canada, Mexico, Europe and Australia. The Company also operates in Australia and Brazil, and sells trucks and parts to customers in Asia, Africa, Middle East and South America. The Companys trucks are marketed under the Kenworth, Peterbilt and DAF nameplates. It also manufactures industrial winches in two plants in the United States.

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