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After Golden Cross, CMS Energy (CMS)'s Technical Outlook is Bright
ZACKS· 2026-02-26 15:56
From a technical perspective, CMS Energy Corporation (CMS) is looking like an interesting pick, as it just reached a key level of support. CMS's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.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-te ...
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 ...
Crude Oil Price Analysis – Crude Oil Continues to See Resistance Above
FX Empire· 2026-02-20 16:39
Brent markets are struggling with $72. A pullback to $70 would make a certain amount of sense. Again, this is another situation that if there is in fact a military strike over the weekend, it changes things for about a few days, and then we go back to normal. Do be aware of the fact that if you get involved in a position heading into the weekend and something goes against you, it could go against you quite quickly, so you have to be very cautious.I do think that we are trying to grind our way to the upside ...
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 ...
ImmunityBio Holds Golden Cross As Stock Trades 170% Above 200-Day Average
Benzinga· 2026-02-19 16:37
Core Insights - ImmunityBio Inc (NASDAQ:IBRX) stock is exhibiting a confirmed Golden Cross, trading approximately 170% above its 200-day moving average, indicating a strong long-term trend [1] - The current stock price is around $8.04, with the 200-day moving average at approximately $2.95, reflecting a significant upward trend [1] Price Performance - IBRX stock is trading above all major moving averages, with a 24% increase above its 20-day moving average of $6.90 and about 91% above its 50-day moving average of $4.21 [2] - Trading above these moving averages indicates sustained price strength across multiple timeframes, particularly with the 200-day moving average serving as a key long-term trend indicator [3] Momentum Indicators - The average daily trading volume for ImmunityBio has increased to approximately 1.7 million shares based on a 9-day volume average, indicating heightened market participation [4] - The Relative Strength Index (RSI) is near 67, suggesting strong upward momentum while remaining below the overbought threshold of 70, indicating sustained buying pressure without extreme levels [5] Golden Cross Confirmation - The 50-day moving average is currently at $4.21, approximately 42% above the 200-day moving average, confirming the persistence of the Golden Cross structure [6] - With the price holding well above the 200-day level and strong momentum indicators, ImmunityBio maintains a technically confirmed long-term uptrend [6]
Regency Centers (REG) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2026-02-19 15:56
Core Viewpoint - Regency Centers Corporation (REG) is showing potential for a bullish breakout due to a recent "golden cross" in its moving averages, indicating a key level of support has been reached [1] Group 1: Technical Analysis - REG's 50-day simple moving average has crossed above its 200-day simple moving average, a pattern known as a "golden cross" [1] - A golden cross typically indicates a bullish breakout, formed when a stock's short-term moving average surpasses a longer-term moving average [1] - The three stages of a golden cross include a downtrend that bottoms out, the crossover of moving averages, and continued upward momentum [2] Group 2: Performance Metrics - REG has moved 6.6% higher over the last four weeks, suggesting positive momentum [3] - The company currently holds a 2 (Buy) rating on the Zacks Rank, indicating favorable market sentiment [3] - There have been three upward revisions in earnings estimates for REG over the past 60 days, with no downward revisions, contributing to a positive earnings outlook [3] Group 3: Investment Considerations - Given the positive technical indicators and the upward movement in earnings estimates, REG may present a compelling investment opportunity for potential gains in the near future [5]
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].
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]
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]