On a relative basis, the stock has outperformed the S&P 500 by 1.41% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.08% in the last 1 week, and is up 3.94% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
United Technologies Corporation (NYSE:UTX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $106.85 and $106.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $107.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $107.74, notching a gain of 1.30% for the day. The total traded volume was 2,676,078 . The stock had closed at $106.36 on the previous day.
The stock has recorded a 20-day Moving Average of 1.77% and the 50-Day Moving Average is 4.66%. United Technologies Corporation is up 7.25% in the last 3-month period. Year-to-Date the stock performance stands at 13.73%.
United Technologies Corporation (UTX) : Currently there are 11 street experts covering United Technologies Corporation (UTX) stock. The most bullish and bearish price target for the stock is $130 and $80 respectively for the short term. The average price target of all the analysts comes to $110.46. The estimated standard deviation from the target is $12.4.
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.