Machinery finance chart analysis shows machinery finance

Chart analysis shows machinery finance index forming a bullish ascending triangle pattern. Break above 5,250 could trigger further rallies, with target projections near 5, Cole Reynolds is a Northwestern University student reporter on assignment for the Minnesota Star Tribune. Machinery Partner, an online marketplace for heavy equipment, has introduced Machinery Partner Capital Solutions, a new finance division designed to streamline equipment financing. Institutional research notes machinery finance companies are benefiting from accelerated factory automation trends. Loan issuances for robotics-related machinery rose 9% last quarter, supporting sector performance.