Shares of Harry Winston Diamond (NYSE:HWD) traded today at $16.20, breaking its 52-week high. So far today approximately 292,000 shares have been exchanged, as compared to an average 30-day volume of 664,000 shares.

Harry Winston Diamond share prices have moved between a 52-week high of $16.20 and a 52-week low of $10.73 and are now trading 50% above that low price at $16.14 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.

Harry Winston Diamond Corporation explores and develops diamond properties. The Company mines for diamonds in the Northwest Territories, Canada. Harry Winston also retails fine jewelry and watches.

Harry Winston Diamond has overhead space with shares priced $16.14, or 15.1% below the average consensus analyst price target of $19.00. The stock should discover initial support at its 50-day moving average (MA) of $14.73 and subsequent support at its 200-day MA of $13.30.

SmarTrend recommended that subscribers consider buying shares of Harry Winston Diamond on October 15th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $13.20. Since that recommendation, shares of Harry Winston Diamond have risen 19.5%. We continue to monitor HWD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.