Core Viewpoint - CRA International (CRAI) is showing potential for investment as it has reached a significant support level and surpassed the 200-day moving average, indicating a long-term bullish trend [1]. Technical Analysis - The 200-day simple moving average is a critical indicator for establishing market trends, and CRAI has recently rallied by 11% over the past four weeks, currently holding a Zacks Rank of 2 (Buy) [2]. - The combination of the recent price rally and the favorable Zacks Rank suggests that CRAI may be poised for further upward movement [2]. Earnings Estimates - Positive earnings estimate revisions strengthen the bullish outlook for CRAI, with three upward revisions compared to none downward for the current fiscal year, leading to an increase in the consensus estimate [3]. - Investors are encouraged to monitor CRAI for potential gains in the near future, given its key technical levels and positive earnings revisions [3].
CRA International (CRAI) Crossed Above the 200-Day Moving Average: What That Means for Investors