Dec 01, 2010 (SmarTrend(R) News Watch via COMTEX) -- Shares of RBC Bearings (ROLL) traded at a new 52-week high today of $38.60. Approximately 78,000 shares have traded hands today vs. average 30-day volume of 54,000 shares.
RBC Bearings is currently trading at $37.5, approximately 8.2% above its 50-day moving average of $34.66. SmarTrend will be monitoring shares of ROLL to see if this bullish momentum will continue.
In the last five trading sessions, the 50-day MA has climbed 1.01% while the 200-day MA has risen 0.78%.
In the past 52 weeks, shares of RBC Bearings have traded between a low of $22.15 and a high of $37.48 and are now at $37.48, which is 69% above that low price.
SmarTrend currently has shares of RBC Bearings in an Uptrend and issued the Uptrend alert on November 04, 2010 at $35.29. The stock has risen 4.5% since the Uptrend alert was issued.
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