Kohl's (KSS) Crossed Above the 50-Day Moving Average: What That Means for Investors

Core Viewpoint - Kohl's (KSS) is showing potential for investment due to a recent technical breakout and positive earnings revisions [1][2][3] Technical Analysis - KSS has recently broken above the 50-day moving average, indicating a short-term bullish trend [1] - The stock has reached a key level of support, which is a positive sign for investors [1] Performance Metrics - Over the past four weeks, KSS has gained 11.5%, suggesting strong momentum [2] - The current Zacks Rank for KSS is 3 (Hold), indicating potential for further upward movement [2] Earnings Estimates - There have been three upward revisions in earnings estimates for the current fiscal year, with no downward revisions [2] - The consensus earnings estimate has also increased, reinforcing the bullish outlook for KSS [2][3]