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Bullish Moving Average Cross by Air Products & Chemicals (APD)

By David Diaz

Air Products & Chemicals (NYSE:APD) shares have crossed bullishly above their 10-day moving average of $139.81 on a volume of 115K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Air Products & Chemicals has traded in a range of $114.64 to $152.16 and is now at $140.31, 22% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

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