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Celanese Corp-A Bullish Moving Average Crossover Alert (CE)

By Shiri Gupta

Today, shares of Celanese Corp-A (NYSE:CE) have crossed bullishly above their 10-day moving average of $71.08 on a volume of 110K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Celanese Corp-A share prices have been bracketed by a low of $52.70 and a high of $128.88 and are now at $72.99, 39% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.9% while the 200-day MA has slid 0.8%.

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

Keywords: moving crosses celanese corp-a

Ticker(s): CE