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Stock Investors Bid Up Shares of Whirlpool, Up 3.1%

Published on Thu, 01/31/2013 - 13:15
By Adrienne Chilton

Whirlpool (NYSE:WHR) is one of today's biggest movers, up 3.1% to $112.09. The S&P is trading fractionally lower to 1,501 and the Dow is trading fractionally lower to 13,895.

In the past 52 weeks, Whirlpool share prices have been bracketed by a low of $52.91 and a high of $114.84 and are now at $112.09, 112% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.8%.

Whirlpool Corporation manufactures and markets major home appliances. The Company's principal products include laundry appliances, refrigeration and room air conditioning equipment, cooking appliances, dishwashers, and mixers and other small household appliances. Whirlpool's products are sold worldwide

Whirlpool (NYSE:WHR) has potential upside of 6.4% based on a current price of $112.09 and analysts' consensus price target of $119.25. The stock should find initial support at its 50-day moving average (MA) of $102.81 and further support at its 200-day MA of $79.97.

By Adrienne Chilton
achilton@fnno.com

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