adidas (OTCMKTS:ADDDF) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

adidas AG (OTCMKTS:ADDDFGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 Price Performance

The stock has a 50-day moving average of $245.38 and a 200 day moving average of $243.75.

About adidas

(Get Free Report)

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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