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Shares of Xylem Inc Rise Above Previous 52-Week High

By Nick Russo

Shares of Xylem Inc (NYSE:XYL) traded at a new 52-week high today of $80.82. So far today approximately 191,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.

In the past 52 weeks, shares of Xylem Inc have traded between a low of $62.19 and a high of $80.82 and are now at $80.51, which is 29% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.1%.

Xylem, Inc. is a designer, manufacturer, equipment, and service provider for water and wastewater applications addressing the full-cycle of water from collection, distribution, and use to the return of water to the environment. The Company's products include water and wastewater pumps, treatment and testing equipment, industrial pumps, valves, heat exchangers, and dispensing equipment.

Based on a current price of $80.51, Xylem Inc is currently 1.1% above its average consensus analyst price target of $79.62. Xylem Inc shares have support at the 50-day moving average (MA) of $73.32 and additional support at the 200-day MA of $72.61.

SmarTrend recommended that subscribers consider buying shares of Xylem Inc on July 30th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.51. Since that recommendation, shares of Xylem Inc have risen 13.5%. We continue to monitor XYL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows xylem inc

Ticker(s): XYL