Recent 52-Week High Exceeded in Shares of Whirlpool (WHR)
Shares of Whirlpool (NYSE:WHR) traded at a new 52-week high today of $189.94. Approximately 75,000 shares have changed hands today, as compared to an average 30-day volume of 891,000 shares.
Whirlpool (NYSE:WHR) is currently priced 3.3% above its average consensus analyst price target of $183.29. The stock should discover initial support at its 50-day moving average (MA) of $163.37 and subsequent support at its 200-day MA of $150.80.
Whirlpool Corporation manufactures and markets major home appliances. The Company's principal products include laundry appliances, refrigeration and room air conditioning equipment, cooking appliances, dishwashers, and mixers and other small household appliances. Whirlpool's products are sold worldwide
In the past 52 weeks, shares of Whirlpool have traded between a low of $124.39 and a high of $189.94 and are now at $189.45, which is 52% above that low price. The 200-day and 50-day moving averages have moved 0.50% higher and 1.21% higher over the past week, respectively.
SmarTrend recommended that subscribers consider buying shares of Whirlpool on October 17th, 2014 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $148.56. Since that recommendation, shares of Whirlpool have risen 27.5%. We continue to monitor WHR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows Whirlpool