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Polyone Corp: New 52-Week Low Set Today (POL)

By Shiri Gupta

Polyone Corp (NYSE:POL) traded at a new 52-week low today of $37.44. So far today approximately 66,000 shares have been exchanged, as compared to an average 30-day volume of 260,000 shares.

Polyone Corp (NYSE:POL) has potential upside of 31.1% based on a current price of $37.56 and analysts' consensus price target of $49.25. Polyone Corp shares should first meet resistance at the 50-day moving average (MA) of $43.14 and find additional resistance at the 200-day MA of $43.24.

Polyone Corp share prices have moved between a 52-week high of $47.48 and the current low of $37.44 and are currently at $37.56 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.6%.

PolyOne Corporation is an international polymer services company with operations in North America, Europe, Asia, Australia, and South America. The Company provides thermoplastic compounds, specialty resins, specialty polymer formulations, engineered films, and color and additive systems. PolyOne also conducts operations in rubber compounding and thermoplastic resin distribution.

SmarTrend is monitoring the recent change of momentum in Polyone Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Polyone Corp in search of a potential trend change.

Keywords: 52 week high/lows polyone corp

Ticker(s): POL