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NUS Stock Trading Below 200 & 50-Day SMA: What Should You Do Now?
NUSNu Skin(NUS) ZACKS·2024-10-08 15:50

Nu Skin Enterprises, Inc. (NUS) has been seeing a rough patch, consistently trading below its 200-day and 50-day simple moving averages (SMA). As of Monday, NUS was trading at $6.40, which stands below its 200-day SMA of $12.46 and 50-day SMA of $8.60, signaling sustained bearish momentum.SMA is a key tool in technical analysis used to assess price trends by smoothing out short-term fluctuations, offering a clearer view of the stock's longer-term direction. However, in this case, the stock’s inability to br ...