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Shares of Curtiss-Wright Has Risen Above Previous 52-Week High

By James Quinn

Shares of Curtiss-Wright (NYSE:CW) traded at a new 52-week high today of $79.35. Approximately 213,000 shares have changed hands today, as compared to an average 30-day volume of 255,000 shares.

Curtiss-Wright (NYSE:CW) defies analysts with a current price ($79.22) 0.5% above its average consensus price target of $78.83. The stock should discover initial support at its 50-day moving average (MA) of $74.20 and subsequent support at its 200-day MA of $69.01.

Curtiss-Wright Corporation designs, manufactures, and overhauls precision components and systems. The Company's systems provide highly engineered services to the aerospace, automotive, shipbuilding, oil, petrochemical, agricultural equipment, power generation, metal working, and fire and rescue industries.

In the past 52 weeks, Curtiss-Wright share prices have been bracketed by a low of $58.00 and a high of $79.35 and are now at $79.22, 37% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

SmarTrend recommended that subscribers consider buying shares of Curtiss-Wright on February 25th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $68.24. Since that recommendation, shares of Curtiss-Wright have risen 11.7%. We continue to monitor CW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows curtiss-wright

Ticker(s): CW