BUY: Hurco Companies, INC (HURC)
Monday, January 29th, 2007BUY: Hurco Companies, Inc (HURC): $32.00 (1/29/07)
Sell price: $33.60 or
Sell date: February 29, 2007
Stop loss: $29.36 (-8.25%)
EMA and MACD very bullish
Fibonacci analysis bullish
7-day avg directional indicator bullish
Intermediate trend bullish, Uptrend.
Mild bullish 3 day chart pattern.
Profile: Hurco Companies, Inc. is an industrial technology company. The Company designs and produces computerized machine tools, featuring its computer control systems and software, for sale through its own distribution network to the worldwide metal cutting market. The Company provides software options, control upgrades, accessories and replacement parts for its products, as well as customer service and training support. The Company’s computer numeric control (CNC) systems and software products are primarily sold as integral components of its computerized machine tool products. Hurco’s important product lines include VM, VMX and TM product lines, and five-axis (VTX) and horizontal machining centers (HTX). It sells its products through more than 150 independent agents and distributors in countries throughout North America, Europe and Asia.