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Watch for Continued Gains in Shares of Techtarget (TTGT)

By David Diaz

Shares of Techtarget (NASDAQ:TTGT) traded at a new 52-week high today of $32.42. Approximately 67,000 shares have changed hands today, as compared to an average 30-day volume of 502,000 shares.

TechTarget, Inc. operates a portfolio of industry-specific portals. The Company's portals deliver resources to information technology professionals within specific vertical market segments.

Techtarget share prices have moved between a 52-week high of $32.42 and a 52-week low of $9.11 and are now trading 249% above that low price at $31.81 per share. The 200-day and 50-day moving averages have moved 2.11% higher and 3.07% higher over the past week, respectively.

Techtarget (NASDAQ:TTGT) is currently priced 25.3% above its average consensus analyst price target of $23.75. Techtarget shares have support at the 50-day moving average (MA) of $26.63 and additional support at the 200-day MA of $18.32.

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

Keywords: 52 week high/lows techtarget

Ticker(s): TTGT