Watch for Continued Gains in Shares of DST Systems (DST)
Shares of DST Systems (NYSE:DST) traded at a new 52-week high today of $75.36. So far today approximately 74,000 shares have been exchanged, as compared to an average 30-day volume of 209,000 shares.
In the past 52 weeks, shares of DST Systems have traded between a low of $53.81 and a high of $75.36 and are now at $74.80, which is 39% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.1%.
DST Systems, Inc. provides information processing and computer software services and products. The Company's operating segments include financial services, customer management, and output solutions. DST's data center provides information-processing services to support the products within each operating segment.
DST Systems has overhead space with shares priced $74.80, or 7.0% below the average consensus analyst price target of $80.40. The stock should discover initial support at its 50-day moving average (MA) of $71.63 and subsequent support at its 200-day MA of $67.90.
SmarTrend recommended that subscribers consider buying shares of DST Systems on July 5th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $68.08. Since that recommendation, shares of DST Systems have risen 9.8%. We continue to monitor DST for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows dst systems