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Shares of Ball Corp Rise Above Previous 52-Week High

By Amy Schwartz

Shares of Ball Corp (NYSE:BLL) traded today at $79.82, breaking its 52-week high. This new high was reached on below average trading volume as 185,000 shares traded hands, while the average 30-day volume is approximately 1.9 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.

In the past 52 weeks, shares of Ball Corp have traded between a low of $39.41 and a high of $79.82 and are now at $79.82, which is 103% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.5% while the 50-day MA has advanced 2.2%.

Ball Corp (NYSE:BLL) defies analysts with a current price ($79.82) 44.2% above its average consensus price target of $44.55. Ball Corp shares have support at the 50-day moving average (MA) of $70.95 and additional support at the 200-day MA of $58.22.

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 69.3%. 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