adidas (OTCMKTS:ADDDF) Stock Crosses Below 200-Day Moving Average – What’s Next?

adidas AG (OTCMKTS:ADDDF)’s stock price 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 Trading Down 0.2 %

The stock’s fifty day simple moving average is $245.38 and its two-hundred day simple moving average is $243.75.

adidas Company Profile

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.