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Shares of Motorola Solutio Rise Above Previous 52-Week High

By David Diaz

Motorola Solutio (NYSE:MSI) traded at a new 52-week high today of $113.71. Approximately 59,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.

Motorola Solutio share prices have moved between a 52-week high of $113.71 and a 52-week low of $82.86 and are now trading 37% above that low price at $113.50 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.4%.

Motorola Solutions, Inc. is a data communications and telecommunications equipment provider. The Company develops data capture, wireless, infrastructure, bar code scanning, two-way radios, and wireless broadband networks. Motorola also produces public safety and government products, voice and data communications products and systems, and wireless LAN securities.

Motorola Solutio (NYSE:MSI) has potential upside of 6.5% based on a current price of $113.50 and analysts' consensus price target of $120.85. The stock should discover initial support at its 50-day moving average (MA) of $108.91 and subsequent support at its 200-day MA of $98.32.

SmarTrend recommended that subscribers consider buying shares of Motorola Solutio on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $109.96. Since that recommendation, shares of Motorola Solutio have risen 3.0%. We continue to monitor MSI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows motorola solutio

Ticker(s): MSI