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Shares of Tempur Sealy Int Rise Above Previous 52-Week High

By Amy Schwartz

Shares of Tempur Sealy Int (NYSE:TPX) traded today at $67.55, breaking its 52-week high. This new high was reached on below average trading volume as 237,000 shares traded hands, while the average 30-day volume is approximately 764,000 shares.

Tempur Sealy International Inc., through its primary subsidiary manufactures and markets foam mattresses, pillows, and miscellaneous products under its own and other brand names.

Tempur Sealy Int (NYSE:TPX) defies analysts with a current price ($67.55) 10.8% above its average consensus price target of $60.29. Tempur Sealy Int shares have support at the 50-day moving average (MA) of $59.22 and additional support at the 200-day MA of $52.93.

In the past 52 weeks, shares of Tempur Sealy Int have traded between a low of $38.90 and a high of $67.55 and are now at $67.55, which is 74% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Tempur Sealy Int on January 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $46.21. Since that recommendation, shares of Tempur Sealy Int have risen 43.3%. We continue to monitor TPX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows tempur sealy int

Ticker(s): TPX