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Brady Corp - A Looks to Continue to Trade Above its Annual-High Share Price Today

By James Quinn

Brady Corp - A (NYSE:BRC) traded today at a new 52-week high of $44.30. Approximately 755,000 shares have changed hands today, as compared to an average 30-day volume of 249,000 shares.

In the past 52 weeks, Brady Corp - A share prices have been bracketed by a low of $35.00 and a high of $44.30 and are now at $42.70, 22% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

Brady Corporation manufactures industrial identification solutions. The Company's products include labels, coated materials, signs, software, printing systems, and data-collection systems. Brady sells its products to a variety of industries around the world, including telecommunications, electrical, electronics, and manufacturing.

Brady Corp - A (NYSE:BRC) has potential upside of 1.9% based on a current price of $42.70 and analysts' consensus price target of $43.50. The stock should find initial support at its 50-day moving average (MA) of $38.64 and further support at its 200-day MA of $38.39.

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

Keywords: 52 week high/lows brady corp - a

Ticker(s): BRC