Whirlpool (WHR) Recently Broke Out Above the 200-Day Moving Average

Core Viewpoint - Whirlpool (WHR) is showing potential for investment as it has reached a significant support level and crossed above the 200-day moving average, indicating a long-term bullish trend [1][2]. Technical Analysis - The 200-day simple moving average is a critical indicator for establishing long-term market trends for various financial instruments, including stocks like WHR [2]. - WHR has experienced a rally of 29.1% over the past four weeks, and it currently holds a Zacks Rank of 2 (Buy), suggesting a strong potential for further upward movement [2]. Earnings Estimates - Recent earnings estimate revisions for WHR show one upward revision with no downward revisions for the current fiscal year, indicating growing investor confidence [3]. - The consensus estimate for WHR has also increased, reinforcing the bullish outlook alongside the technical indicators [3].