Recent 52-Week High Exceeded in Shares of Ingersoll-Rand (IR)
Shares of Ingersoll-Rand (NYSE:IR) traded today at $68.33, breaking its 52-week high. So far today approximately 1.2 million shares have been exchanged, as compared to an average 30-day volume of 1.6 million shares.
Ingersoll-Rand Company Ltd. is a diversified, global company that provides a diverse range of products and services for a wide range of industries. The Company's operations include consist of air conditioning systems and services, climate control technologies, industrial technologies and security technologies.
Over the past year, Ingersoll-Rand has traded in a range of $44.18 to $68.33 and is now at $65.91, 49% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.3%.
Ingersoll-Rand (NYSE:IR) has potential upside of 1.0% based on a current price of $65.91 and analysts' consensus price target of $66.56. Ingersoll-Rand shares have support at the 50-day moving average (MA) of $63.02 and additional support at the 200-day MA of $57.12.
SmarTrend is monitoring the recent change of momentum in Ingersoll-Rand. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ingersoll-Rand in search of a potential trend change.
Keywords: 52 week high/lows Ingersoll-Rand