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Air Prods & Chem Looks to Continue to Trade Above its Annual-High Share Price Today

By James Quinn

Shares of Air Prods & Chem (NYSE:APD) traded today at $208.03, breaking its 52-week high. So far today approximately 138,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.

Air Prods & Chem (NYSE:APD) is currently priced 10.3% above its average consensus analyst price target of $186.22. Air Prods & Chem shares have support at the 50-day moving average (MA) of $189.70 and additional support at the 200-day MA of $168.50.

Air Products and Chemicals, Inc. produces industrial atmospheric and specialty gases and performance materials and equipment. The Company's products include oxygen, nitrogen, argon, helium, specialty surfactants and amines, polyurethane, epoxy curatives, and resins. Air Products and Chemicals products are used in the beverage, health, and semiconductors fields.

In the past 52 weeks, shares of Air Prods & Chem have traded between a low of $148.44 and a high of $208.03 and are now at $207.60, which is 40% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that subscribers consider buying shares of Air Prods & Chem on December 28th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $161.04. Since that recommendation, shares of Air Prods & Chem have risen 28.9%. We continue to monitor APD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows air prods & chem

Ticker(s): APD