user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 492478 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Woodward Crosses Above its 10-day MA (WWD)

Published on Fri, 05/03/2013 - 11:22
By Robert Cotter

Today, shares of Woodward (NYSE:WWD) have advanced above their 10-day MA of $35.16 on a volume of 113K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Woodward has traded in a range of $30.16 to $43.19 and is now at $35.90, 19% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

Woodward Inc.designs, manufactures, and services energy control systems and components for aircraft and industrial engines and turbines. The Company's products and services are used in the aerospace, power generation, oil and gas processing, and transportation markets, which includes rail, marine, and many light and heavy industrial applications.

Woodward (NYSE:WWD) has potential upside of 20.3% based on a current price of $35.90 and analysts' consensus price target of $43.20. The stock should run into initial resistance at its 200-day moving average (MA) of $36.35 and subsequent resistance at its 50-day MA of $37.55.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Diebold Earnings Hindsight: Up 2.9% in L...

Two weeks ago on August 6th, 2014 Diebold (NYSE:DBD) reported earnings and analysts, on ...

Earnings Flashback: Since Reporting Quar...

When Vectren (NYSE:VVC) reported earnings 19 days ago on August 4th, 2014, analysts, on ...

Cablevision Systems Earnings In Retrospe...

When Cablevision Systems (NYSE:CVC) reported earnings 18 days ago on August 5th, 2014, ...

ITC Holdings Earnings In Retrospect: Up ...

When ITC Holdings (NYSE:ITC) reported earnings two weeks ago on August 6th, 2014, analy ...

Dresser-Rand Earnings Hindsight: Up 15.7...

19 days ago, on August 4th, 2014, Dresser-Rand (NYSE:DRC) reported its earnings. Analy ...

Post Earnings Update: Tutor Perini Has C...

When Tutor Perini (NYSE:TPC) reported earnings 18 days ago on August 5th, 2014, analyst ...

Vulcan Materials Earnings Hindsight: Up ...

18 days ago, on August 5th, 2014, Vulcan Materials (NYSE:VMC) reported its earnings. A ...

Post Earnings Update: PharMerica Has Sun...

18 days ago, on August 5th, 2014, PharMerica (NYSE:PMC) reported its earnings. Analyst ...