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Bullish Moving Average Cross by Church & Dwight (CHD)

By James Quinn

Church & Dwight (NYSE:CHD) crossed over its 10-day moving average of $48.92 on a volume of 541K 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, Church & Dwight share prices have been bracketed by a low of $42.55 and a high of $54.18 and are now at $49.59, 17% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Church & Dwight on September 2nd, 2016 by issuing a Downtrend alert when the shares were trading at $49.99. Since that call, shares of Church & Dwight have fallen 3.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses church & dwight

Ticker(s): CHD