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Celanese Corp-A Bullish Moving Average Crossover Alert (CE)

By Nick Russo

Celanese Corp-A (NYSE:CE) shares have crossed bullishly above their 10-day moving average of $106.59 on a volume of 157K 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.

Celanese Corp-A share prices have moved between a 52-week high of $119.29 and a 52-week low of $82.91 and are now trading 31% above that low price at $108.59 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-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