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Watch for Continued Gains in Shares of Six Flags Entert (SIX)

By Shiri Gupta

Six Flags Entert (NYSE:SIX) traded at a new 52-week high today of $72.35. Approximately 65,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.

Potential upside of 1.8% exists for Six Flags Entert, based on a current level of $72.35 and analysts' average consensus price target of $73.67. Six Flags Entert shares have support at the 50-day moving average (MA) of $63.73 and additional support at the 200-day MA of $63.27.

Six Flags Entert share prices have moved between a 52-week high of $72.35 and a 52-week low of $51.25 and are now trading 41% above that low price at $72.35 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.9%.

Six Flags Entertainment Corporation operates regional theme parks across North America. The Company has parks comprised of theme, water, and zoological parks. The Parks offer rides, water attractions, themed areas, concerts, shows, restaurants, game venues, and retail outlets.

SmarTrend is monitoring the recent change of momentum in Six Flags Entert. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Six Flags Entert in search of a potential trend change.

Keywords: 52 week high/lows six flags entert

Ticker(s): SIX