As published in a research note from Bernstein on January 31, 2025, Air Products & Chemicals Inc [APD] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $375. Analysts at BofA Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late January. As of January 24, 2025, Barclays has increased its “an Equal weight” rating to a “an Overweight” for APD. Earlier on January 14, 2025, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for APD stock which previously was a “an Equal weight”.
Analyzing APD Stock Performance
During the last five days, there has been a drop of approximately -2.08%. Over the course of the year, Air Products & Chemicals Inc shares have jumped approximately 13.13%. Shares of the company reached a 52-week high of $341.14 on 02/04/25 and a 52-week low of $281.97 on 01/06/25. A 50-day SMA is recorded $313.21, while a 200-day SMA reached $287.92. Nevertheless, trading volume fell to 2.66 million shares from 2.12 million shares the previous day.
Support And Resistance Levels for Air Products & Chemicals Inc (APD)
According to the 24-hour chart, there is a support level at 318.52, which, if violated, would cause prices to drop to 308.91. In the upper region, resistance lies at 337.19. The next price resistance is at 346.25. RSI (Relative Strength Index) is 59.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.17, which suggests the price will increase in the coming days. Percent R is at 43.64%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
