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Recent 52-Week High Exceeded in Shares of Fidelity Nationa (FIS)

By Shiri Gupta

Shares of Fidelity Nationa (NYSE:FIS) traded at a new 52-week high today of $93.29. Approximately 62,000 shares have changed hands today, as compared to an average 30-day volume of 2 million shares.

Over the past year, Fidelity Nationa has traded in a range of $68.03 to $93.29 and is now at $93.16, 37% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.3%.

Fidelity Nationa (NYSE:FIS) defies analysts with a current price ($93.16) 0.1% above its average consensus price target of $93.07. The stock should find initial support at its 200-day moving average (MA) of $64.57 and further support at its 50-day MA of $63.63.

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.

SmarTrend recommended that subscribers consider buying shares of Fidelity Nationa on April 21st, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $82.13. Since that recommendation, shares of Fidelity Nationa have risen 13.1%. 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