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Bearish Moving Average Cross by Chemours Co (CC)

By Shiri Gupta

Chemours Co (NYSE:CC) crossed under its 10-day moving average of $46.20 on a volume of 198K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Chemours Co share prices have moved between a 52-week high of $58.08 and a 52-week low of $42.75 and are now trading 8% above that low price at $45.97 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 0.4%.

SmarTrend is monitoring the recent change of momentum in Chemours Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Chemours Co in search of a potential trend change.

Keywords: moving crosses chemours co

Ticker(s): CC