F.N.B. (FNB)'s Technical Outlook is Bright After Key Golden Cross

Core Viewpoint - F.N.B. Corporation (FNB) is identified as a potential stock pick due to a recent "golden cross" event and positive earnings outlook, suggesting a bullish trend ahead [1][4]. Technical Analysis - A "golden cross" occurs when a short-term moving average (50-day) crosses above a long-term moving average (200-day), indicating a potential bullish breakout [2]. - The formation of a golden cross involves three stages: a downtrend followed by a crossover of moving averages, and finally an upward price movement [3]. Stock Performance - FNB shares have increased by 7.8% over the past four weeks, indicating positive momentum [4]. - The company holds a 2 (Buy) rating on the Zacks Rank, reinforcing the bullish outlook for FNB [4]. Earnings Outlook - There have been no cuts to earnings estimates for the current quarter, with three revisions higher in the past 60 days, leading to an increase in the Zacks Consensus Estimate [4]. - The combination of the technical indicator and positive earnings revisions suggests that investors should consider adding FNB to their watchlist [5].