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Shares of Electronic Arts Has Risen Above Previous 52-Week High

By James Quinn

Shares of Electronic Arts (NASDAQ:EA) traded today at $134.61, breaking its 52-week high. So far today approximately 434,000 shares have been exchanged, as compared to an average 30-day volume of 3.1 million shares.

Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services.

Over the past year, Electronic Arts has traded in a range of $71.01 to $134.61 and is now at $134.04, 89% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.3%.

Potential upside of 5.2% exists for Electronic Arts, based on a current level of $134.04 and analysts' average consensus price target of $141.00. Electronic Arts shares have support at the 50-day moving average (MA) of $123.72 and additional support at the 200-day MA of $117.72.

SmarTrend is monitoring the recent change of momentum in Electronic Arts. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Electronic Arts in search of a potential trend change.

Keywords: 52 week high/lows Electronic Arts

Ticker(s): EA