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Shares of Lear Corp Has Risen Above Previous 52-Week High

By Nick Russo

Lear Corp (NYSE:LEA) traded at a new 52-week high today of $203.40. This new high was reached on below average trading volume as 105,000 shares traded hands, while the average 30-day volume is approximately 862,000 shares.

Lear Corporation manufactures automobile parts. The Company produces seating systems, wiring harnesses, terminals, connectors, junction boxes, body control electronics, wireless products, and audio systems.

There is potential upside of 0.8% for shares of Lear Corp based on a current price of $202.89 and an average consensus analyst price target of $204.60. Lear Corp shares have support at the 200-day moving average (MA) of $111.06 and additional support at the 50-day MA of $109.72.

Over the past year, Lear Corp has traded in a range of $97.35 to $203.40 and is now at $202.89, 108% above that low. The 200-day and 50-day moving averages have moved 0.30% higher and 1.02% higher over the past week, respectively.

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

Keywords: 52 week high/lows lear corp

Ticker(s): LEA