Large Outflow of Money Witnessed in Johnson Controls

Johnson Controls (JCI) : The total negative money flow of $4.75 million on Friday indicates selling on strength. The inflow of money on upticks was $30.98 million, compared to $35.73 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.87. The negative money flow of $1.22 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $1.15 million in a block trade.The transaction value of block trade on downtick was $2.37 million. The uptick to downtick ratio was 0.48. The price action in the Johnson Controls (JCI) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $46.13 with a gain of $0.6 , a change of 1.32% over the previous days close. The stock registered 4.89% for the week.


Johnson Controls (JCI) : 9 investment research analysts covering Johnson Controls (JCI) have an average price target of $49.67 for the near short term. The highest target price given by the Brokerage Firm to the stock is $59 and the lowest target is $40 for the short term. Analysts expect the variance to be within $5.34 of the average price.

Johnson Controls (NYSE:JCI): stock turned positive on Friday. Though the stock opened at $45.5, the bulls momentum made the stock top out at $46.23 level for the day. The stock recorded a low of $45.14 and closed the trading day at $46.14, in the green by 1.34%. The total traded volume for the day was 5,291,032. The stock had closed at $45.53 in the previous days trading.

In a related news, The officer (Chairman & CEO), of Johnson Controls Inc, Molinaroli Alex A had unloaded 67,790 shares at $37.41 per share in a transaction on March 2, 2016. The total value of transaction was $2,536,024. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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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