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Lyondellbasell Industries NV (LYB-N) Quote - Press Release

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Lyondellbasell-A Set to Possibly Pullback After Yesterday's Rally of 7.29%

Comtex SmarTrend(R) - Fri Nov 1, 12:08PM CDT

Lyondellbasell-A (NYSE:LYB) traded in a range yesterday that spanned from a low of $89.56 to a high of $93.82. Yesterday, the shares gained 7.3%, which took the trading range above the 3-day high of $92.19 on volume of 862,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Lyondellbasell-A and will alert subscribers who have LYB in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Lyondellbasell-A share prices have been bracketed by a low of $68.61 and a high of $96.94 and are now at $93.74, 37% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.7% while the 200-day MA has remained constant.

Write to SmarTrend at cs@mysmartrend.com

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