Shares of United Technologies Corporation (UTX) Sees Large Inflow of Net Money Flow

United Technologies Corporation (UTX): $23.35 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.59. The value of trades done on upticks was $62.6 million, whereas, trades done on downticks were valued at $39.25 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $30.79 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $12.09 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 2.55 was strongly in favor of the bulls. The money flow in block trades was $18.71 million. United Technologies Corporation (UTX) fell $0.01 traded at $105.49, a change of -0.01% over the previous day. The stock is 1.77% for the week.


United Technologies Corporation is up 1.01% in the last 3-month period. Year-to-Date the stock performance stands at 11.36%. Shares of United Technologies Corporation rose by 1.47% in the last five trading days and 4.32% for the last 4 weeks. In a related news,The officer (Executive VP & General Counsel) of United Technologies Corp /De/, Gill Charles D sold 8,958 shares at $102.04 on June 8, 2016. The Insider selling transaction had a total value worth of $914,074. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

United Technologies Corporation (NYSE:UTX): On Mondays trading session , Opening price of the stock was $105.48 with an intraday high of $105.93. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $104.88. However, the stock managed to close at $105.49, a loss of 0.01% for the day. On the previous day, the stock had closed at $105.5. The total traded volume of the day was 2,185,307 shares.

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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