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Bullish Moving Average Cross by Celanese Corp-A (CE)

By James Quinn

Celanese Corp-A (NYSE:CE) shares have crossed bullishly above their 10-day moving average of $111.58 on a volume of 879K 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.

In the past 52 weeks, Celanese Corp-A share prices have been bracketed by a low of $91.15 and a high of $118.40 and are now at $113.61, 25% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Celanese Corp-A and will alert subscribers who have CE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses celanese corp-a

Ticker(s): CE