Kyndryl Holdings, Inc. (KD) Just Overtook the 20-Day Moving Average
Group 1 - Kyndryl Holdings, Inc. (KD) has reached a key level of support and crossed above the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is a popular trading tool that smooths out short-term price trends and provides trend reversal signals [2][3] - KD's shares have increased by 8.7% over the past four weeks, and the company holds a Zacks Rank 3 (Hold), suggesting potential for continued gains [5] Group 2 - There have been three upward revisions in KD's earnings estimates for the current fiscal year, with no downward revisions, indicating a positive outlook [5] - The consensus estimate for KD has also moved up, further supporting the bullish sentiment around the stock [5][6]