Whirlpool Corporation (WHR) : Traders are bullish on Whirlpool Corporation (WHR) as it has outperformed the S&P 500 by a margin of 8.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.24%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.89% in the last 1 week, and is up 15.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Whirlpool Corporation (NYSE:WHR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $187.00 and $181.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $188.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $187.61, notching a gain of 2.68% for the day. The total traded volume was 1,331,823 . The stock had closed at $182.72 on the previous day.
The stock has recorded a 20-day Moving Average of 9.78% and the 50-Day Moving Average is 8.73%. Whirlpool Corp. is up 0.75% in the last 3-month period. Year-to-Date the stock performance stands at 29.27%.
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Companys reportable segments consist of North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.