These stocks are approaching the coveted 'golden cross' price chart pattern

📆 18/07/2024 05:46 م
📰 CNBC

⏱ Reading Time:
22 sec. here
7 min. at publisher
📊 Quality Score:
News: 29%
Publisher: 72%

Regency Centers REIT أخبار

Kimco Realty Corp,Unitedhealth Group Inc,Markets

Several stocks are nearing one of Wall Street's most closely watched price chart patterns, which would set them up for further gains ahead.

A small number of stocks are on the cusp of signaling a bullish price chart pattern that may herald a breakout ahead. Investors view a golden cross chart pattern as a key indication that a stock could be headed for strong gains. The move refers to the point at which a stock's 50-day moving average crosses above its 200-day counterpart. Analysts praise the move still more if the stock's 200-day moving average is sloping upward.

Pro screened FactSet data to find stocks close to forming golden cross patterns that might suggest future gains. Here's a look at the list we uncovered. UnitedHealth Group Shares of the health insurance company have advanced more than 8% in 2024. The stock's 50-day moving average of $501.09 is within striking distance of its 200-day moving average of $510.19, indicating a possible golden cross if the recent trend holds.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

اكتب تعليق

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock Trader Answers Stock Market Questions From TwitterFormer Wall Street stock trader Lance Breitstein answers your most asked stock market questions from Twitter.
مصدر: WIRED - 🏆 555. / 51 اقرأ أكثر »

Stock market today: Most of Wall Street rises, but Nvidia tumbles again as AI mania coolsAnother slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed, even as the majority of stocks rallied.
مصدر: latimes - 🏆 11. / 82 اقرأ أكثر »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
مصدر: wjxt4 - 🏆 246. / 63 اقرأ أكثر »