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Next Support Level for News Corp-Cl A (NWSA) is $13.13

By David Diaz

Shares of News Corp-Cl A (NASDAQ:NWSA) opened today below their pivot of $13.26 and have already reached the first level of support at $13.21. Investors may be interested in a cross of the next downside pivot targets of $13.13 and $13.00.

In the past 52 weeks, shares of News Corp-Cl A have traded between a low of $10.65 and a high of $15.66 and are now at $13.28, which is 25% above that low price. The 200-day and 50-day moving averages have moved 0.06% higher and 0.85% higher over the past week, respectively.

News Corp-Cl A has overhead space with shares priced $13.28, or 23.4% below the average consensus analyst price target of $17.34. News Corp-Cl A shares have support at the 200-day moving average (MA) of $12.59 and additional support at the 50-day MA of $12.41.

SmarTrend is tracking the current trend status for News Corp-Cl A and will alert subscribers who have NWSA in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts news corp-cl a

Ticker(s): NWSA