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Lyondellbasell-A Crosses Above its 10-day MA (LYB)

By James Quinn

Today, shares of Lyondellbasell-A (NYSE:LYB) have advanced above their 10-day MA of $84.92 on a volume of 136K 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, shares of Lyondellbasell-A have traded between a low of $68.61 and a high of $104.75 and are now at $86.57, which is 26% above that low price. 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 Lyondellbasell-A and will alert subscribers who have LYB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses lyondellbasell-a

Ticker(s): LYB