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Uptrend Call Working As Balchem Corp Stock Rises 19.6% (BCPC)

By Shiri Gupta

SmarTrend identified an Uptrend for Balchem Corp (NASDAQ:BCPC) on January 11th, 2019 at $81.41. In approximately 3 months, Balchem Corp has returned 19.59% as of today's recent price of $97.35.

In the past 52 weeks, Balchem Corp share prices have been bracketed by a low of $73.16 and a high of $117.79 and are now at $97.35, 33% 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 advanced 1.6%.

Balchem Corporation develops, manufactures, and markets specialty performance ingredients for the food, feed, and medical sterilization industries. The Company micro-encapsulates performance ingredients, and also repackages and markets specialty gases. Balchem sells its products through its own sales force, independent distributors, and sales agents.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Balchem Corp shares.

Log in and add Balchem Corp (BCPC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights balchem corp

Ticker(s): BCPC