Pre-Market Technical Scan on Metal Fabrication Equities — Carpenter Technology, Tenaris, Allegheny Technologies, and Constellium

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NEW YORK, Dec. 15, 2017 — In keeping with the commitment to dynamically provide members with timely information, has issued free tailored Stock Review on CRS, TS, ATI, and CSTM which is a click away at On Thursday, December 14, 2017, US markets saw broad based losses with all sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,856.53, down 0.28%; the Dow Jones Industrial Average edged 0.31% lower, to finish at 24,508.66; and the S&P 500 closed at 2,652.01, down 0.41%. This Friday morning, looks at the performance of these four Metal Fabrication stocks: Carpenter Technology Corp. (NYSE: CRS), Tenaris S.A. (NYSE: TS), Allegheny Technologies Inc. (NYSE: ATI), and Constellium N.V (NYSE: CSTM). Get your free stock reports on these stocks by registering now on Wall St. Equities at:

Carpenter Technology

On Thursday, shares in Wyomissing, Pennsylvania headquartered Carpenter Technology Corp. recorded a trading volume of 264,759 shares. The stock ended the session 2.87% lower at $49.70. The Company's shares have gained 19.99% over the previous three months, 30.62% in the past twelve months, and 37.41% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.14% and 20.83%, respectively. Moreover, shares of Carpenter Technology, which manufactures, fabricates, and distributes specialty metals worldwide, have a Relative Strength Index (RSI) of 51.70. Get started with a complimentary subscription and access to the free report on CRS at:


Luxembourg headquartered Tenaris S.A.'s stock closed the day 2.99% lower at $30.17 with a total trading volume of 1.20 million shares. The Company's shares have advanced 5.09% in the past month. The stock is trading above its 50-day and 200-day moving averages by 5.88% and 0.27%, respectively. Additionally, shares of Tenaris, which through its subsidiaries, manufactures and distributes steel pipe products and other related services for the energy industry, and other industrial applications, have an RSI of 57.09.

On November 17th, 2017, research firm Macquarie upgraded the Company's stock rating from 'Underperform' to 'Neutral'. Free research on TS can be accessed at:

Allegheny Technologies

Shares in Pittsburgh, Pennsylvania-based Allegheny Technologies Inc. recorded a trading volume of 1.56 million shares. The stock ended yesterday's trading session 1.61% lower at $23.16. The Company's shares have advanced 38.19% in the past twelve months and 45.39% on an YTD basis. The stock is trading above its 200-day moving average by 17.93%. Furthermore, shares of Allegheny Technologies, which produces and sells specialty materials and components worldwide, have an RSI of 52.34. Sign up today for the free research report on ATI at:


Schiphol-Rijk, the Netherlands headquartered Constellium N.V.'s stock finished Thursday's session 1.51% lower at $9.80 with a total trading volume of 802,714 shares. The Company's shares have advanced 58.06% in the past twelve months and 66.10% since the start of this year. The stock is trading above its 200-day moving average by 14.96%. Additionally, shares of Constellium, which engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets, have an RSI of 39.86.

On November 27th, 2017, research firm Cowen upgraded the Company's stock rating from 'Market Perform' to 'Outperform' while revising its previous target price from $11 a share to $13 a share. Wall St. Equities' research coverage also includes the downloadable free report on CSTM at:

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Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
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