SmarTrend Detects Potential Break Out In Shares of Tyco International (TYC)

Shares of Tyco International ( NYSE:TYC ) traded near a new 52-week high yesterday of $45.64.Approximately 5.5 million shares traded hands yesterday vs. average 30-day volume of 3.6 million shares. Tyco International closed at$45.53, approximately 1.6% aboveits previous closing price. SmarTrend will be monitoring shares of TYC to see if it can push through this barrier. In the last five trading sessions, the 50-day MA has climbed 1.06% while the 200-day MA has risen 0.19%. In the past 52 weeks, shares of Tyco International have traded between a low of $33.84 and a high of $45.37 and are now at$45.53, which is 35% above that low price. SmarTrend currently has shares of Tyco International in an Uptrend and issued the Uptrend alert on October 25, 2010 at$38.78. The stock has risen 15.6% since the Uptrend alert was issued.
http://www.mysmartrend.com/news-briefs/news-watch/smartrend-detects-potential-break-out-shares-tyco-international-tyc

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