TRW Automotive: 52-Week High Recently Eclipsed (TRW)
Shares of TRW Automotive (NYSE:TRW) traded today at $59.41, breaking its 52-week high. This new high was reached on below average trading volume as 355,000 shares traded hands, while the average 30-day volume is approximately 869,000 shares.
In the past 52 weeks, TRW Automotive share prices have been bracketed by a low of $33.23 and a high of $59.41 and are now at $59.36, 79% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.3%.
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.
TRW Automotive (NYSE:TRW) has potential upside of 12.4% based on a current price of $59.36 and analysts' consensus price target of $66.70. The stock should discover initial support at its 50-day moving average (MA) of $54.16 and subsequent support at its 200-day MA of $45.28.
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 17.3%. 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