Shares of Church & Dwight Rise Above Previous 52-Week High
Shares of Church & Dwight (NYSE:CHD) traded at a new 52-week high today of $99.25. Approximately 815,000 shares have changed hands today, as compared to an average 30-day volume of 689,000 shares.
Church & Dwight (NYSE:CHD) defies analysts with a current price ($97.11) 7.0% above its average consensus price target of $90.36. The stock should find initial support at its 50-day moving average (MA) of $92.38 and further support at its 200-day MA of $87.26.
Church & Dwight Co., Inc. produces sodium bicarbonate and sodium bicarbonate-based products. The Company sells its products, primarily under the ARM & HAMMER trademark, to consumers and to industrial customers and distributors. Church & Dwight provides products such as baking soda, carpet deodorizer, and laundry detergent, as well as Brillo soap pads.
In the past 52 weeks, shares of Church & Dwight have traded between a low of $76.85 and a high of $99.25 and are now at $97.11, which is 26% 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 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 15.6%. We continue to monitor CHD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows church & dwight