adidas (OTCMKTS:ADDDF) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Shares of adidas AG (OTCMKTS:ADDDFGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $251.90 and traded as high as $263.61. adidas shares last traded at $260.47, with a volume of 237 shares trading hands.

adidas Price Performance

The company has a fifty day simple moving average of $251.90 and a 200-day simple moving average of $245.91.

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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