Bullish Moving Average Cross by Church & Dwight (CHD)
Church & Dwight (NYSE:CHD) crossed over its 10-day moving average of $98.82 on a volume of 202K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, Church & Dwight share prices have been bracketed by a low of $76.85 and a high of $107.36 and are now at $99.20, 29% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.
SmarTrend recommended that subscribers consider buying shares of Church & Dwight on January 29th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $82.71. Since that recommendation, shares of Church & Dwight have risen 18.0%. We continue to monitor CHD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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