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Church & Dwight Crosses Below its 10-day MA (CHD)

By Shiri Gupta

Church & Dwight (NYSE:CHD) crossed under its 10-day moving average of $101.09 on a volume of 108K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower 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 $100.45, 31% above that low price. Over the last five market days, 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 22.5%. We continue to monitor CHD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses church & dwight

Ticker(s): CHD