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Uptrend Call Working As Anixter Intl Inc Stock Rises 35.7% (AXE)

By Shiri Gupta

SmarTrend identified an Uptrend for Anixter Intl Inc (NYSE:AXE) on September 5th, 2019 at $62.50. In approximately 3 months, Anixter Intl Inc has returned 35.73% as of today's recent price of $84.83.

Anixter Intl Inc share prices have moved between a 52-week high of $86.67 and a 52-week low of $50.05 and are now trading 71% above that low price at $85.38 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.4%.

Anixter International Inc. is a global distributor of network and security, electrical and electronic, and utility power solutions. The Company helps to build, connect, protect, and power valuable assets and critical infrastructures, from enterprise networks to industrial MRO supply to video surveillance applications to electric power distribution.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Anixter Intl Inc shares.

Log in and add Anixter Intl Inc (AXE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights anixter intl inc

Ticker(s): AXE