Shares of TRW Automotive Has Risen Above Previous 52-Week High
Shares of TRW Automotive (NYSE:TRW) traded today at $63.19, breaking its 52-week high. So far today approximately 391,000 shares have been exchanged, as compared to an average 30-day volume of 894,000 shares.
TRW Automotive Holdings Corp. supplies automotive systems, modules, and components to global automotive vehicle manufacturers and related aftermarkets. The Company's products include active and passive safety related products. TRW's products are primarily used in the manufacture of light vehicles.
Potential upside of 6.7% exists for TRW Automotive, based on a current level of $62.49 and analysts' average consensus price target of $66.70. The stock should find initial support at its 50-day moving average (MA) of $55.11 and further support at its 200-day MA of $45.66.
Over the past year, TRW Automotive has traded in a range of $33.23 to $63.19 and is now at $62.49, 88% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.4%.
SmarTrend recommended that subscribers consider buying shares of TRW Automotive on November 23rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $49.69. Since that recommendation, shares of TRW Automotive have risen 20.4%. We continue to monitor TRW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows TRW Automotive
Ticker(s): TRW