TwinTrader.com announces the publication of Breakout for KAMN; highlighting public companies on the move and what’s behind the surge.
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“Kaman Corp., together with its subsidiaries, distributes industrial components in North America, Europe, Asia, South America and Australia. It offers various products and services, including bearings, mechanical and electrical power transmission, fluid power, motion control and materials handling components…
“The 63-year-old Connecticut company has a new management team, fresh blood to concentrate its efforts on the company’s core competencies of aerospace and industrial distribution operations, and some key acquisitions…
“Analysts have noticed the positive change at Kaman...
”RSI reads a neutral and has bounced off RSI(50) nicely, indicating bullish strength in the stock. The MACD crossed to a Buy today, attracting more technical buying. Major market indices are very strong today and have contributed to a Kaman advance…”
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