Shares of Kansas City Southern (NYSE:KSU) traded at a new 52-week high today of $98.60. This new high was reached on below average trading volume as 169,000 shares traded hands, while the average 30-day volume is approximately 991,000 shares.

Kansas City Southern, through its subsidiary, is the holding company for transportation segment subsidiaries and affiliates. The Company operates a railroad system that provides shippers with rail freight services in commercial and industrial markets of the United States and Mexico.

Based on a current price of $98.17, Kansas City Southern is currently 2.6% above its average consensus analyst price target of $95.65. The stock should find initial support at its 50-day moving average (MA) of $87.91 and further support at its 200-day MA of $77.40.

Over the past year, Kansas City Southern has traded in a range of $61.36 to $98.60 and is now at $98.17, 60% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 2.2%.

SmarTrend recommended that subscribers consider buying shares of Kansas City Southern on November 27th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $79.28. Since that recommendation, shares of Kansas City Southern have risen 23.3%. We continue to monitor KSU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.