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

By David Diaz

Today, shares of Air Products & Chemicals (NYSE:APD) have crossed bullishly above their 10-day moving average of $133.79 on a volume of 183K shares. This may provide short-term investors a chance 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 $157.84 and is now at $134.36, 17% above that low. Over the last five market days, 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