Stocks including Cardinal Health are forming the bullish golden cross stock pattern

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 72%

Investment Strategy Berita

Stock Markets,Dow Jones Industrial Average,S&P 500 Index

Some stocks are developing this bullish price pattern, which suggests gains ahead for the names.

A few stocks are developing a bullish chart pattern that indicates a breakout may be in store. A golden cross is a chart pattern in which a stock's 50-day moving average moves above its 200-day average. The move serves as an indication to investors that shares could see big gains, and it is considered most significant by analysts when the 200-day moving average is sloping upward. The patterns come as September has proved to be a tough market.

This comes after Cardinal Health's quarterly results last month beat Wall Street's expectations, sending the stock more than 3% higher . The prescription drug distributor raised its non-GAAP earnings forecast for fiscal 2025, which began in July, to a range of $7.55 to $7.70 per share. Previously, the company had projected it would earn at least $7.50 per share.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Health stocks jump as WHO declares mpox global health emergencyShares of Danish vaccine maker Bavarian Nordic jumped as much as 17% Thursday amid a wider rally for associated healthcare stocks following the WHO declaration.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors.
Sumber: wjxt4 - 🏆 246. / 63 Baca lebih lajut »

Four bull stocks and two bear stocks according to Bank of America strategistsFour bull stocks and two bear stocks according to Bank of America strategists
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors.
Sumber: ksatnews - 🏆 442. / 53 Baca lebih lajut »

Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors. U.S. futures fell, while oil prices were higher. The S&P 500 fell 0.2% Wednesday, following a 2.1% drop a day earlier. The Nasdaq composite dropped 0.3%. The Dow managed a gain of 38 points, or 0.1%.
Sumber: AP - 🏆 728. / 51 Baca lebih lajut »