• Return to Headlines

Chemours Co Set to Possibly Pullback After Yesterday's Rally of 1.32%

By James Quinn

Chemours Co (NYSE:CC) traded in a range yesterday that spanned from a low of $44.51 to a high of $45.36. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $45.16 on volume of 745,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Over the past year, Chemours Co has traded in a range of $5.82 to $46.02 and is now at $45.08, 675% above that low. The 200-day and 50-day moving averages have moved 0.84% lower and 6.23% higher over the past week, respectively.

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

Keywords: rebounders chemours co

Ticker(s): CC