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Air Products & Chemicals Crosses Above its 10-day MA (APD)

By James Quinn

Today, shares of Air Products & Chemicals (NYSE:APD) have advanced above their 10-day MA of $143.36 on a volume of 172K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Air Products & Chemicals have traded between a low of $114.64 and a high of $152.16 and are now at $145.44, which is 27% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has remained constant.

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

Keywords: moving crosses air products & chemicals

Ticker(s): APD