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Air Prods & Chem Bearish Moving Average Crossover Alert (APD)

By Amy Schwartz

Air Prods & Chem (NYSE:APD) crossed under its 10-day moving average of $221.17 on a volume of 106K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Air Prods & Chem have traded between a low of $148.44 and a high of $232.47 and are now at $219.12, which is 48% above that low price. The 200-day and 50-day moving averages have moved 0.76% higher and 0.45% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Air Prods & Chem and will alert subscribers who have APD in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses air prods & chem

Ticker(s): APD