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

By David Diaz

Air Products & Chemicals (NYSE:APD) crossed over its 10-day moving average of $148.94 on a volume of 315K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Air Products & Chemicals share prices have been bracketed by a low of $114.64 and a high of $152.16 and are now at $149.90, 31% above that low price. The 200-day and 50-day moving averages have moved 0.12% higher and 0.68% higher over the past week, respectively.

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

Keywords: moving crosses air products & chemicals

Ticker(s): APD