Evonik Industries (FRA:EVK) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Evonik Industries AG (FRA:EVKGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €18.82 ($20.24) and traded as high as €19.21 ($20.65). Evonik Industries shares last traded at €18.75 ($20.16), with a volume of 1,410,731 shares.

Evonik Industries Price Performance

The stock has a 50-day moving average of €17.93 and a 200 day moving average of €18.82.

About Evonik Industries

(Get Free Report)

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.

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