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Newell Rubbermaid (NWL) Crosses Pivot Point Resistance at $14.99

01.01.70

Shares of Newell Rubbermaid (NYSE:NWL) have bullishly opened above the pivot of $14.91 today and have reached the first resistance level of $14.99. Investors may be interested in a cross of the next upside pivot targets of $15.17 and $15.43.

Newell Rubbermaid Inc. manufactures and markets branded consumer products which are sold through a variety of retail and wholesale distribution channels. The Company's products include housewares, juvenile products, home furnishings, office products, tools and hardware, and hair accessories.

In the past 52 weeks, shares of Newell Rubbermaid have traded between a low of $10.87 and a high of $20.38 and are now at $15.05, which is 38% above that low price. The 200-day and 50-day moving averages have moved 0.39% lower and 1.48% higher over the past week, respectively.

Source: Financial News Network Online

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