Pre-Market Analysis: Allegheny Technologies Inc., Precision Castparts Corp., Carpenter Technology Corp., and Reliance Steel & Aluminum Co.

LONDON, October 21, 2013 /PRNewswire/ --

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The U.S. equity market posted gains on Friday, October 18, 2013, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.65%, 0.18%, and 1.32%, respectively. Shares in the metal fabrication industry ended on a higher note, as the broader market advanced. The major movers in the industry included Allegheny Technologies Inc. (NYSE: ATI), Precision Castparts Corporation (NYSE: PCP), Carpenter Technology Corporation (NYSE: CRS), and Reliance Steel & Aluminum Company (NYSE: RS). All these companies are tracked by AAAResearchReports.com. Free technical research on ATI, PCP, CRS, and RS can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/

On Friday, Allegheny Technologies Inc.'s stock advanced to close at $31.52, up 0.38% from the previous day's closing price of $31.40. The company's shares vacillated between $31.10 and $31.65 during the trading session. A total of 1.00 million shares were traded, which is below the daily average volume of 1.38 million. The company's shares have gained 1.71% in the last one month and 16.83% in the previous three months, compared to a gain of 2.02% and 3.10% in the S&P 500 during the respective periods. Further, Allegheny Technologies Inc.'s stock is trading above its 50-day and 200-day moving averages of $29.28, each. Sign up and read the complimentary report on ATI at:

http://www.AAAResearchReports.com/ATI102113.pdf

Precision Castparts Corp.'s stock advanced on Friday, tracking gains in the broader market. The company's shares closed the day 0.73% higher at $243.34, after oscillating between $240.58 and $243.49. A total of 0.74 million shares were traded, which is above the daily average volume of 0.68 million. The company's shares have gained 4.80% in the last one month and 3.78% in the previous three months, outperforming the S&P 500, which has gained 2.02% and 3.10% during the respective periods. Additionally, Precision Castparts Corp.'s stock is trading above its 50-day and 200-day moving averages of $226.44 and $208.14, respectively. The free report on PCP can be downloaded by signing up now at:

http://www.AAAResearchReports.com/PCP102113.pdf

On Friday, shares in Carpenter Technology Corp. rose marginally, hitting a new 52-week high of $60.74. The company's shares closed the day at $60.43, up 0.07% from the previous day's price of $60.39. A total of 0.31 million shares were traded, which is below the daily average volume of 0.34 million. The company's shares have gained 4.05% in the last one month and 24.50% in the previous three months, outperforming the S&P 500, which has gained 2.02% and 3.10% during the respective periods. Moreover, Carpenter Technology Corp.'s stock is trading above its 50-day and 200-day moving averages of $57.19 and $50.76, respectively. A free report on CRS can be accessed by registering at:

http://www.AAAResearchReports.com/CRS102113.pdf

Shares in Reliance Steel & Aluminum Co. advanced on Friday, extending the gains from the previous trading session. The company's shares closed the day 1.23% higher at $75.82, after hitting a new 52-week high of $75.87. A total of 0.45 million shares were traded, which is marginally above the daily average volume of 0.44 million. The company's shares have gained 3.16% in the previous three trading sessions and 9.96% in the last three months, outperforming the S&P 500, which has gained 2.73% and 3.10% during the respective periods. Furthermore, Reliance Steel & Aluminum Co.'s stock is trading above its 50-day and 200-day moving averages of $71.46 and $68.10, respectively. Register with AAA Research Reports and download research on RS for free at:

http://www.AAAResearchReports.com/RS102113.pdf

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