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AO Smith: The Losing Streak Continues (AOS)

By Amy Schwartz

AO Smith (NYSE:AOS) traded at a new 52-week low today of $48.24. Approximately 203,000 shares have changed hands today, as compared to an average 30-day volume of 577,000 shares.

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) has potential upside of 68.1% based on a current price of $48.24 and analysts' consensus price target of $81.09. The stock should run into initial resistance at its 200-day moving average (MA) of $72.30 and subsequent resistance at its 50-day MA of $76.03.

In the past 52 weeks, shares of AO Smith have traded between the current low of $48.24 and a high of $102.73 and are now at $48.24. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.2%.

SmarTrend is monitoring the recent change of momentum in AO Smith. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of AO Smith in search of a potential trend change.

Keywords: 52 week high/lows ao smith

Ticker(s): AOS