Recent 52-Week High Exceeded in Shares of Whirlpool (WHR)
Shares of Whirlpool (NYSE:WHR) traded at a new 52-week high today of $107.55. Approximately 323,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.
Whirlpool share prices have moved between a 52-week high of $107.55 and a 52-week low of $47.72 and are now trading 124% above that low price at $107.09 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.1%.
Whirlpool (NYSE:WHR) has potential upside of 1.6% based on a current price of $107.09 and analysts' consensus price target of $108.75. The stock should find initial support at its 50-day moving average (MA) of $98.61 and further support at its 200-day MA of $77.06.
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
SmarTrend recommended that subscribers consider buying shares of Whirlpool on July 3rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $62.28. Since that recommendation, shares of Whirlpool have risen 72.1%. 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