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Shares of Ball Corp Has Risen Above Previous 52-Week High

By Amy Schwartz

Ball Corp (NYSE:BLL) traded today at a new 52-week high of $60.52. Approximately 185,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.

Ball Corporation provides metal packaging for beverages, foods, and household products. The Company also supplies aerospace and other technologies and services to commercial and governmental customers. Ball serves customers worldwide.

Based on a current price of $60.10, Ball Corp is currently 25.9% above its average consensus analyst price target of $44.55. The stock should find initial support at its 50-day moving average (MA) of $57.46 and further support at its 200-day MA of $48.67.

In the past 52 weeks, shares of Ball Corp have traded between a low of $34.71 and a high of $60.52 and are now at $60.10, which is 73% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Ball Corp on January 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $47.04. Since that recommendation, shares of Ball Corp have risen 27.6%. We continue to monitor BLL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows ball corp

Ticker(s): BLL