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AO Smith: 52-Week High Recently Eclipsed (AOS)

By David Diaz

AO Smith (NYSE:AOS) traded today at a new 52-week high of $92.30. So far today approximately 314,000 shares have been exchanged, as compared to an average 30-day volume of 577,000 shares.

In the past 52 weeks, shares of AO Smith have traded between a low of $50.09 and a high of $92.30 and are now at $91.71, which is 83% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

A.O. Smith Corporation manufactures products through its electric motor and water systems technologies segments. The Company's products include fractional horsepower and hermetic electric motors, and residential and commercial water heaters.

AO Smith (NYSE:AOS) is currently priced 11.6% above its average consensus analyst price target of $81.09. AO Smith shares have support at the 50-day moving average (MA) of $76.03 and additional support at the 200-day MA of $72.30.

SmarTrend recommended that subscribers consider buying shares of AO Smith on February 1st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $69.28. Since that recommendation, shares of AO Smith have risen 28.1%. We continue to monitor AOS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows ao smith

Ticker(s): AOS