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

By David Diaz

Knowles Corp (NYSE:KN) traded today at a new 52-week high of $20.20. Approximately 902,000 shares have changed hands today, as compared to an average 30-day volume of 561,000 shares.

Over the past year, Knowles Corp has traded in a range of $12.20 to $20.20 and is now at $19.55, 60% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

Knowles Corporation designs and manufactures advanced acoustic components. The Company produces components for hearing aids and surface mount microphones for cell phones and consumer electronics. Knowles offers its products around the world.

Knowles Corp (NYSE:KN) defies analysts with a current price ($19.55) 21.1% above its average consensus price target of $15.43. The stock should find initial support at its 50-day moving average (MA) of $17.24 and further support at its 200-day MA of $16.09.

SmarTrend recommended that subscribers consider buying shares of Knowles Corp on June 10th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $17.40. Since that recommendation, shares of Knowles Corp have risen 4.5%. We continue to monitor KN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows knowles corp

Ticker(s): KN