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Verizon Communications (VZ) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2026-02-23 15:55
After reaching an important support level, Verizon Communications Inc. (VZ) could be a good stock pick from a technical perspective. VZ recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common ...
Telenor ASA (TELNY)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2026-02-23 15:55
Telenor ASA (TELNY) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TELNY's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typic ...
Should You Buy Equinix (EQIX) After Golden Cross?
ZACKS· 2026-02-20 15:55
Equinix, Inc. (EQIX) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, EQIX's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the 200 ...
Scor SE (SCRYY)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2026-02-18 15:55
Core Viewpoint - Scor SE (SCRYY) is showing potential for a bullish breakout as it has reached a significant support level and experienced a "golden cross" in its moving averages [1][2]. Technical Analysis - The "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), indicating a potential bullish trend [2]. - A successful golden cross event consists of three stages: the stock price bottoms out, the shorter moving average crosses above the longer one, and the stock maintains upward momentum [3]. Recent Performance - SCRYY has moved 5% higher over the last four weeks, suggesting positive momentum [4]. - The company currently holds a 2 (Buy) rating on the Zacks Rank, indicating favorable market sentiment [4]. Earnings Outlook - There has been one upward revision in earnings estimates for SCRYY over the past 60 days, with no downward revisions, contributing to a positive earnings outlook for the current quarter [4]. - The Zacks Consensus Estimate for SCRYY has also increased, reinforcing the bullish case for the stock [4][6].
Affirm Stock Stuck Below $54 After Death Cross — More Downside Ahead?
Benzinga· 2026-02-18 13:52
Core Viewpoint - The current market sentiment indicates a shift towards bearish momentum for the stock, with sellers gaining control as shares trade below critical resistance levels [1][2]. Price Resistance and Support Levels - The $54.32 level has become a significant resistance point, preventing the stock from stabilizing after a decline from January highs near $83, indicating weakening buyer conviction [2]. - The next major resistance is identified near $61, aligned with the declining 20-day moving average, suggesting that any attempts to rise may face challenges until these levels are surpassed [3]. - On the downside, the $50 level is highlighted as a crucial near-term support zone, with a break below this level potentially leading to further declines towards the lower Bollinger Band near $47 [4]. Technical Indicators - The formation of a Death Cross, where the 50-day moving average falls below the 200-day moving average, signals a broader bearish trend, often leading to extended consolidation or deeper corrections rather than quick recoveries [3]. - Momentum indicators, such as the Relative Strength Index (RSI) near 30, suggest the stock is close to oversold conditions, which may allow for short-term relief rallies; however, sustained upward movement would require reclaiming the $54 level [5]. - The overall technical setup remains fragile, with repeated rejections below resistance levels indicating that the path of least resistance may continue to be downward [5].
ServisFirst Bancshares (SFBS)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2026-02-16 15:55
Core Viewpoint - ServisFirst Bancshares, Inc. (SFBS) is showing potential for bullish momentum due to a recent technical indicator known as a "golden cross" [1] Technical Analysis - SFBS's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a potential bullish breakout [1] - A golden cross typically signifies a trend reversal from a downtrend to an upward trajectory, consisting of three stages: a downtrend, the crossover of moving averages, and an upward price movement [2] Performance Metrics - Over the last four weeks, SFBS has increased by 10.1%, suggesting strong upward momentum [3] - The company currently holds a 1 (Strong Buy) rating on the Zacks Rank, indicating positive investor sentiment [3] Earnings Expectations - There have been two upward revisions in earnings expectations for the current quarter, with no downward revisions, further supporting the bullish outlook [3] - The Zacks Consensus Estimate for earnings has also increased, reinforcing confidence in the company's growth potential [3][4] Investment Outlook - With favorable earnings estimate revisions and a key technical breakout, SFBS is positioned for potential gains in the near future [4]
Datavault AI Death Cross Collides With IBM, Super Bowl Boost
Benzinga· 2026-02-12 19:22
Group 1 - Datavault AI Inc has triggered a bearish technical signal known as a Death Cross, indicating potential sustained downside pressure despite improving business momentum [1][3] - The company's stock has declined approximately 45% over the past year and nearly 30% year-to-date, trading significantly below its 52-week high of $4.10 [2] - The Death Cross reinforces ongoing selling pressure, with shares closer to their 52-week low of 25 cents, suggesting fragile momentum [3] Group 2 - Datavault showcased its "ADIO" data-over-sound and holographic technologies during Super Bowl LX, enhancing its visibility on a global platform [4] - The company has expanded its collaboration with IBM to deploy enterprise-grade AI through its SanQtum AI platform, strengthening its position in infrastructure-level AI solutions [4] - The tension between bearish technical signals and positive operational momentum makes Datavault stock a volatile small-cap AI setup to monitor [5]
Caterpillar On Track For Multi-Year EPS Recovery: Analyst
Benzinga· 2026-02-11 20:55
Core Viewpoint - Analyst Michael Feniger maintains a Buy rating for Caterpillar and raises the price forecast from $735 to $825 [1] Group 1: Customer Capital Expenditure - A key customer, The Williams Companies, has announced significant increases in capital expenditures for 2026, which is expected to enhance Caterpillar's business prospects and backlog, particularly in the turbine and engine sectors [2] Group 2: Earnings Performance - Caterpillar reported fourth-quarter 2025 financial results with sales and revenues of $19.133 billion, an 18% increase from $16.215 billion in the prior year. Adjusted profit per share was $5.16, surpassing the estimate of $4.66, while revenue exceeded the estimate of $17.851 billion [4] Group 3: Technical Analysis - The stock is exhibiting a strong bullish technical setup, trading significantly above all key moving averages, indicating strong upward momentum [5] - Caterpillar stock has entered overbought territory with an RSI of 73.61, suggesting potential for a pullback or consolidation. The MACD is above its signal line, confirming positive momentum [6] - A key support level is identified at $619.50, with no defined resistance level as the stock is at new highs. The golden cross in July 2025 confirmed the start of the current uptrend [7] Group 4: Stock Performance - Caterpillar stock has delivered a 12-month return of 113.44%, trading at 104.4% of its 52-week range and reaching a new 52-week high on February 11, 2026. It is currently 16% above its 20-day SMA and 24.3% above its 50-day SMA, indicating strong short-term and intermediate-term strength [8] - Despite the overbought RSI suggesting caution, the overall technical picture remains strongly bullish with clear upward momentum [9]
Should You Buy Avnet (AVT) After Golden Cross?
ZACKS· 2026-02-09 15:56
Core Viewpoint - Avnet, Inc. (AVT) has reached a significant support level and is considered a potential investment opportunity due to a recent technical indicator known as a "golden cross" [1] Technical Analysis - AVT's 50-day simple moving average has recently broken above its 200-day moving average, indicating a bullish breakout may be on the horizon [1] - A golden cross typically involves a downtrend that bottoms out, followed by a crossover of the shorter moving average over the longer one, leading to an upward price momentum [2] Stock Performance - Over the past four weeks, AVT shares have increased by 33.6%, suggesting strong upward momentum [3] - The company currently holds a 3 (Hold) rating on the Zacks Rank, indicating potential for further breakout [3] Earnings Expectations - There have been two upward revisions in earnings expectations for the current quarter, with no downward changes in the past 60 days, further supporting the bullish outlook [3] - The Zacks Consensus Estimate for AVT has also moved upward, reinforcing investor confidence in the stock's positive trend [3] Investment Consideration - Given the technical indicators and positive earnings revisions, investors are encouraged to consider adding AVT to their watchlist [5]
After Golden Cross, Enterprise Financial Services (EFSC)'s Technical Outlook is Bright
ZACKS· 2026-02-05 15:55
Technical Analysis - Enterprise Financial Services Corporation (EFSC) has reached a key level of support, with its 50-day simple moving average crossing above the 200-day simple moving average, indicating a "golden cross" [1] - A golden cross is a bullish technical chart pattern that suggests a potential breakout, formed when a stock's short-term moving average surpasses a longer-term moving average [2] Market Performance - Over the past four weeks, EFSC has gained 9.6%, and currently holds a 3 (Hold) rating on the Zacks Rank, suggesting the stock may be poised for further breakout [4] - The positive earnings outlook for EFSC is supported by one upward revision in earnings estimates over the past 60 days, with no downward revisions, and an increase in the Zacks Consensus Estimate [4] Future Outlook - Given the positive technical indicators and the upward movement in earnings estimates, EFSC may present a favorable opportunity for investors seeking gains in the near future [6]