Deckers Trades Above 50 & 200-Day SMA: Bullish Signal for Investors?

Deckers Outdoor Corporation (DECK) has demonstrated strong upward momentum, trading above its 50 and 200-day simple moving averages (SMA). SMA is a key indicator of price stability and long-term bullish trends. DECK ended Friday’s trading session at $207.11, above its 50 and 200-day SMA of $184.79 and $161.58, respectively, highlighting a continued uptrend. This technical strength, along with sustained momentum, indicates positive market sentiment and investors’ confidence in Deckers’ financial health and g ...