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Cytec Industries: The Trend Continues Higher (CYT)

By Chip Brian

SmarTrend identified an Uptrend for Cytec Industries (NYSE:CYT) on February 16, 2010 at $40.83. In approximately 3 weeks, Cytec Industries has returned 9.5% as of today's recent price of $44.72.
Cytec Industries is currently above its 50-day moving average of $39.59 and above its 200-day moving average of $31.37. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cytec Industries shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CYT