adidas (OTCMKTS:ADDDF) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

adidas AG (OTCMKTS:ADDDFGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $243.75 and traded as low as $225.60. adidas shares last traded at $228.50, with a volume of 267 shares traded.

adidas Stock Up 0.2 %

The firm’s 50-day simple moving average is $245.38 and its 200-day simple moving average is $243.75.

About adidas

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adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.

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