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Shares of Johnson Controls Rise to a New 52-Week High

By Nick Russo

Shares of Johnson Controls (NYSE:JCI) traded today at $44.28, breaking its 52-week high. This new high was reached on below average trading volume as 448,000 shares traded hands, while the average 30-day volume is approximately 4.6 million shares.

Johnson Controls International plc (JCI) provides building products and technology solutions. The Company offers air systems, building management, HVAC controls, security, and fire safety solutions. JCI serves customers worldwide.

Johnson Controls share prices have moved between a 52-week high of $44.28 and a 52-week low of $28.30 and are now trading 56% above that low price at $44.28 per share. The 200-day and 50-day moving averages have moved 0.47% higher and 0.40% higher over the past week, respectively.

Johnson Controls (NYSE:JCI) is currently priced 9.5% above its average consensus analyst price target of $40.08. The stock should discover initial support at its 50-day moving average (MA) of $41.82 and subsequent support at its 200-day MA of $37.13.

SmarTrend recommended that subscribers consider buying shares of Johnson Controls on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $31.62. Since that recommendation, shares of Johnson Controls have risen 39.5%. We continue to monitor JCI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows Johnson Controls

Ticker(s): JCI