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

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SmarTrend Watching for Potential Rebound in Shares of Lyondellbasell-A After 1.18% Loss

Comtex SmarTrend(R) - Mon Nov 18, 11:10AM CST

Lyondellbasell-A (NYSE:LYB) traded in a range yesterday that spanned from a low of $94.07 to a high of $95.89. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $94.71 on volume of 546,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

Lyondellbasell-A share prices have moved between a 52-week high of $98.91 and a 52-week low of $68.61 and are now trading 38% above that low price at $94.87 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 2.2%.

Write to SmarTrend at cs@mysmartrend.com

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