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Watch for Shares of Fidelity Nationa (FIS) to Approach Resistance at $150.23

Comtex SmarTrend(R) - Wed Sep 16, 9:12AM CDT

Shares of Fidelity Nationa (NYSE:FIS) have bullishly opened above the pivot of $148.09 today and have reached the first resistance level of $149.21. Should the shares continue to rise, the resistance pivots of $150.23 and $152.37 will be of interest.

In the past 52 weeks, shares of Fidelity Nationa have traded between a low of $91.68 and a high of $158.21 and are now at $148.50, which is 62% above that low price. The 200-day and 50-day moving averages have moved 0.09% higher and 0.39% higher over the past week, respectively.

Fidelity Nationa (NYSE:FIS) is currently priced 25.0% above its average consensus analyst price target of $111.31. Fidelity Nationa shares have support at the 50-day moving average (MA) of $144.51 and additional support at the 200-day MA of $137.69.

SmarTrend recommended that subscribers consider buying shares of Fidelity Nationa on July 21st, 2020 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $143.10. Since that recommendation, shares of Fidelity Nationa have risen 3.8%. We continue to monitor FIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to SmarTrend at cs@mysmartrend.com

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