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Shares of Motorola Solutio Rise to a New 52-Week High

By James Quinn

Shares of Motorola Solutio (NYSE:MSI) traded today at $168.36, breaking its 52-week high. So far today approximately 184,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.

Motorola Solutio (NYSE:MSI) defies analysts with a current price ($168.36) 28.2% above its average consensus price target of $120.85. The stock should discover initial support at its 50-day moving average (MA) of $149.71 and subsequent support at its 200-day MA of $133.10.

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.

In the past 52 weeks, shares of Motorola Solutio have traded between a low of $108.25 and a high of $168.36 and are now at $168.36, which is 56% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.0%.

SmarTrend recommended that subscribers consider buying shares of Motorola Solutio on January 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $117.89. Since that recommendation, shares of Motorola Solutio have risen 41.3%. 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