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Fidelity Nationa: 52-Week High Recently Eclipsed (FIS)

By Nick Russo

Fidelity Nationa (NYSE:FIS) traded today at a new 52-week high of $131.77. This new high was reached on below average trading volume as 394,000 shares traded hands, while the average 30-day volume is approximately 2.7 million shares.

Based on a current price of $131.77, Fidelity Nationa is currently 15.5% above its average consensus analyst price target of $111.31. The stock should find initial support at its 50-day moving average (MA) of $121.85 and further support at its 200-day MA of $110.54.

Fidelity National Information Services, Inc. is a payment services provider. The Company provides credit and debit card processing, electronic banking services, check risk management, check cashing, and merchant card processing services to financial institutions and merchants.

Over the past year, Fidelity Nationa has traded in a range of $94.53 to $131.77 and is now at $131.77, 39% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.3%.

SmarTrend recommended that subscribers consider buying shares of Fidelity Nationa on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $102.51. Since that recommendation, shares of Fidelity Nationa have risen 27.4%. We continue to monitor FIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows fidelity nationa

Ticker(s): FIS