Curtiss-Wright (CW)'s Technical Outlook is Bright After Key Golden Cross

Technical Analysis - Curtiss-Wright Corporation (CW) has reached a key level of support, with its 50-day simple moving average crossing above its 200-day simple moving average, indicating a "golden cross" [1] - A golden cross is a bullish technical chart pattern that suggests a potential breakout, as it occurs when a stock's short-term moving average surpasses a longer-term moving average [1][2] Performance Metrics - Over the past four weeks, CW has gained 24%, indicating strong upward momentum [3] - The company currently holds a 2 (Buy) rating on the Zacks Rank, suggesting that the stock may be positioned for further gains [3] Earnings Outlook - There have been no earnings estimate cuts for CW in the current quarter, with four revisions higher in the past 60 days, indicating a positive earnings outlook [3] - The Zacks Consensus Estimate for CW has also increased, further supporting the bullish case for the stock [3][5]