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Watch for Continued Gains in Shares of Entegris (ENTG)

By David Diaz

Shares of Entegris (NASDAQ:ENTG) traded today at $25.65, breaking its 52-week high. So far today approximately 109,000 shares have been exchanged, as compared to an average 30-day volume of 396,000 shares.

Entegris (NASDAQ:ENTG) is currently priced 10.6% above its average consensus analyst price target of $22.83. Entegris shares have support at the 50-day moving average (MA) of $13.18 and additional support at the 200-day MA of $13.09.

Entegris Inc. provides materials management products and services to the microelectronics industry on a worldwide basis. The Company provides products such as wafer shippers, wafer transport and process carriers, pods, and work-in-process boxes. Entegris also provides chemical delivery products such as valves, fittings, tubing, pipe, and containers.

In the past 52 weeks, shares of Entegris have traded between a low of $10.37 and a high of $25.65 and are now at $25.55, which is 146% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

SmarTrend is tracking the current trend status for Entegris and will alert subscribers who have ENTG in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows entegris

Ticker(s): ENTG