Large Inflow of Money Detected in Johnson Controls

Johnson Controls (JCI): $6.12 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.41. The value of trades done on upticks was $20.93 million, whereas, trades done on downticks were valued at $14.81 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $7.67 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.81 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 9.47 was strongly in favor of the bulls. The money flow in block trades was $6.86 million. Johnson Controls (JCI) fell $0.02 traded at $44.17, a change of -0.05% over the previous day. The stock is 0.43% for the week.


Also, Major Brokerage house, Credit Suisse upgrades its ratings on Johnson Controls (NYSE:JCI). According to the latest information available, the shares are now rated Outperform by the analysts at the agency. The rating by the firm was issued on May 24, 2016.

Johnson Controls (NYSE:JCI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.25 and $44.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.32. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.32, notching a gain of 0.29% for the day. The total traded volume was 3,550,879 . The stock had closed at $44.19 on the previous day.

The stock has recorded a 20-day Moving Average of 1.6% and the 50-Day Moving Average is 2.05%. In a related news, The Securities and Exchange Commission has divulged that Molinaroli Alex A, officer (Chairman & CEO) of Johnson Controls Inc, had unloaded 67,790 shares at an average price of $37.41 in a transaction dated on March 2, 2016. The total value of the transaction was worth $2,536,024.

Johnson Controls, Inc. is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions. The Building Efficiency segment offers designing, producing, marketing and installing integrated heating, ventilating and air conditioning (HVAC) systems, building management systems, controls, security and mechanical equipment. The Power Solutions segment offers lead-acid automotive batteries for passenger cars, light trucks and utility vehicles. The Company serves both automotive original equipment manufacturers (OEMs) and the general vehicle battery aftermarket. The Company also supplies advanced battery technologies to power start-stop, hybrid and electric vehicles.

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