Trimble Navigation Limited (TRMB) : Traders are bullish on Trimble Navigation Limited (TRMB) as it has outperformed the S&P 500 by a wide margin of 4.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.98%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.15% in the last 1 week, and is up 4.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 5.05% and the 50-Day Moving Average is 5.03%.The 200 Day SMA reached 16.72%
Trimble Navigation Limited (NASDAQ:TRMB): After opening at $28.31, the stock dipped to an intraday low of $28.25 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.72 and the buying power remained strong till the end. The stock closed at $28.56 for the day, a gain of 1.56% for the day session. The total traded volume was 1,200,192. The stocks close on the previous trading day was $28.56.
Trimble Navigation Limited (TRMB) : 9 Wall Street analysts covering Trimble Navigation Limited (TRMB) believe that the average level the stock could reach for the short term is $26.56. The maximum price target given is $32 and the minimum target for short term is around $20, hence the standard deviation is calculated at $5.05.
Trimble Navigation Limited is a provider of technology solutions for professionals and field mobile workers. The Company operates through four segments: Engineering and Construction, Field Solutions, Mobile Solutions and Advanced Devices. The Engineering and Construction segment provides heavy civil construction, building construction and geospatial solutions. The Field Solutions segment offers positioning systems, automated application systems, and data collection and integration systems. The Mobile Solutions segment includes its Transportation and Logistics, and Field Service Management businesses. The Advanced Devices segment includes its Embedded Technologies, Military and Advanced Systems, and ThingMagic businesses. Its brands include Trimble, PeopleNet, GEOTrac and TMW. In addition, it offers TILOS software, which merges both location and schedule into one combined time and distance graphical view, and FlexiCadastre software, which provides land management solution.