5 Stocks Moving Up Wednesday

Through most of the trading day on Wednesday, September 7, 2011, these stocks are helping the Basic Materials (NYSE:XLB) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Cliffs Natural Resources Inc. (NYSE:CLF) is one of the top price gainers. Its stock price is $80.57, which is $5.37 (+7.1%) above the previous close of $75.20. Cliffs Natural Resources Inc. is an international mining company that operates primarily in North America and Australia.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $18.55 (-19.1%) from $97.04 to $78.49. The stock price saw one of its best stretches over the last year between June 22, 2011 and July 5, 2011 when shares rose for nine straight trading days, rising 12.6% (+$10.58). It saw one of its worst periods between July 21, 2011 and July 28, 2011 when shares fell for six straight trading days, falling 10.8% (-$10.82).

Shares of Allegheny Technologies Incorporated (NYSE:ATI) are trading at $47.34, up $3.25 (+7.4%) from the previous close of $44.10. Allegheny Technologies Inc. is a global producer of specialty metals. Through its innovative technologies, the company offers a wide range of specialty metals solutions and products, which include titanium and titanium alloys, nickel-based and superalloys, etc.

Stock Price Performance: From June 10, 2011, to September 6, 2011, the stock price had fallen $17.65 (-28.6%) from $61.75 to $44.10. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 27, 2011 when shares rose for seven straight trading days, rising 10.7% (+$7.02). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 19.7% (-$13.02).

Timken Co. (NYSE:TKR) is one of the top price gainers. Its stock price is $36.83, which is $2.07 (+6%) above the previous close of $34.76. Timken Company develops, manufactures, markets and sells products for friction management and power transmission, alloy steels and steel components.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $15.55 (-30.9%) from $50.31 to $34.76. The stock price saw one of its best stretches over the last year between November 30, 2010 and December 10, 2010 when shares rose for nine straight trading days, rising 9.6% (+$4.15). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 14.4% (-$7).

Shares of Huntsman Corporation (NYSE:HUN) are trading at $12.70, up 70 cents (+5.8%) from the previous close of $12. Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its 100% owned subsidiary, Huntsman International LLC (Huntsman International).

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $7.47 (-37.6%) from $19.86 to $12.39. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 19.4% (-$2.78). The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine straight trading days, rising 15.3% (+$2.68).

Carpenter Technology Corp (NYSE:CRS) is one of the top price gainers. Its stock price is $49.72, which is $3.04 (+6.5%) above the previous close of $46.67. Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. It is organized in two reportable business segments: Advanced Metals Operations and Premium Alloys Operations.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $9.65 (-17.1%) from $56.32 to $46.67. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 24% (+$9.89). It saw one of its worst periods between July 5, 2011 and July 14, 2011 when shares fell for eight straight trading days, falling 6.3% (-$3.67).

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