Shares of EI Du Pont de Nemours (NYSE:DD) opened today above their pivot of $46.84 and have already reached the first level of resistance at $47.20. Investors may be interested in a cross of the next upside pivot targets of $47.42 and $48.01.
E. I. du Pont de Nemours and Company is a global chemical and life sciences company, with businesses that include agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing. The Company operates globally and offers a wide range of products and services for markets including agriculture and food, building and construction, electronics and communications.
In the past 52 weeks, shares of EI Du Pont de Nemours have traded between a low of $41.67 and a high of $53.98 and are now at $47.15, which is 13% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.4%.
Potential upside of 11.9% exists for EI Du Pont de Nemours, based on a current level of $47.15 and analysts' average consensus price target of $52.75. The stock should hit resistance at its 200-day moving average (MA) of $47.81, as well as support at its 50-day MA of $46.47.
