TMCnet News
Agilent Technologies (A) Breaks Through Resistance at $47.07May 22, 2013 (SmarTrend(R) News Watch via COMTEX) -- Shares of Agilent Technologies (NYSE:A) opened today above their pivot of $46.64 and have already reached the first level of resistance at $47.07. Analysts will be watching for a cross of the next upside pivot targets of $47.39 and $48.14. Potential upside of 1.3% exists for Agilent Technologies, based on a current level of $47.31 and analysts' average consensus price target of $47.93. The stock should find initial support at its 50-day moving average (MA) of $42.60 and further support at its 200-day MA of $40.55. In the past 52 weeks, Agilent Technologies share prices have been bracketed by a low of $35.32 and a high of $47.45 and are now at $47.31, 34% above that low price. The 200-day and 50-day moving averages have moved 0.30% higher and 0.45% higher over the past week, respectively. SmarTrend recommended that subscribers consider buying shares of Agilent Technologies on March 8th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $43.27. Since that recommendation, shares of Agilent Technologies have risen 8.0%. We continue to monitor A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
