Shares of Rockwell Automation (ROK) Sees Large Outflow of Money

Rockwell Automation (ROK) : Net money flow in Rockwell Automation (ROK) was negative ($6.23 million) and the inflow of money on uptick was $11.36 million, whereas, the outflow of money on downticks amounted to $17.59 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.65. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $4.51 million. The money flow in block trades was negative ($4.51). Rockwell Automation (ROK) gained $0.12 cent during the day and reached $112.97, a gain of 0.11% over the previous day.


Rockwell Automation (ROK) : The highest level Rockwell Automation (ROK) is projected to reach is $132 for the short term and the lowest estimate is at $91. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $107.67 and the possibility the share price can swing is $10.82. The stock has recorded a 20-day Moving Average of 2.05% and the 50-Day Moving Average is 1.35%.

Rockwell Automation (NYSE:ROK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $113.37 and $112.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $114.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $112.97, notching a gain of 0.11% for the day. The total traded volume was 530,756 . The stock had closed at $112.85 on the previous day.

Rockwell Automation, Inc. (Rockwell Automation), is a provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage for their businesses. The Company operates in two segments: Architecture & Software, which deals in hardware, software and communication components of the organization, and controls Products & Solutions that handles a portfolio of intelligent motor control and industrial control products, application expertise and project management capabilities. In the United States, Canada and certain other countries, the Company sells primarily through the independent distributors in conjunction with its direct sales force. In the remaining countries, the Company sells through a combination of its direct sales force.

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