Golden Cross Signal
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Akamai Technologies (AKAM) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-11-10 15:36
Core Viewpoint - Akamai Technologies (AKAM) has reached a significant support level and shows potential for investors from a technical perspective, indicating a short-term bullish trend after breaking through the 20-day moving average [1]. Technical Analysis - The 20-day simple moving average (SMA) is a popular trading tool that reflects a stock's price over a 20-day period, smoothing out short-term price trends and providing trend reversal signals [2]. - A stock's price above the 20-day moving average indicates a positive trend, while a price below suggests a downward trend [3]. Performance Metrics - AKAM has experienced a 14.3% increase over the last four weeks, suggesting it may be on the verge of another rally [5]. - The company currently holds a Zacks Rank 2 (Buy), indicating positive market sentiment [5]. - Earnings estimate revisions for AKAM show two upward revisions for the current fiscal year with no downward revisions, contributing to a bullish outlook [5][6].
Modine (MOD) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-10-24 14:35
Core Viewpoint - Modine (MOD) is showing potential as a bullish investment opportunity due to its recent technical indicators and positive earnings estimate revisions [1][4]. Technical Analysis - MOD has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1]. - The 20-day simple moving average is a popular trading tool that helps smooth out short-term price trends and signals trend reversals [2]. Performance Metrics - Over the past four weeks, MOD shares have increased by 12.1% [4]. - The company currently holds a Zacks Rank of 3 (Hold), suggesting potential for continued upward movement [4]. Earnings Estimates - There has been one upward revision in earnings estimates for the current fiscal year, with no downward revisions, indicating a positive outlook [4]. - The consensus estimate for MOD has also increased, further supporting the bullish sentiment [4]. Investment Consideration - Given the positive technical indicators and earnings estimate revisions, investors are encouraged to consider adding MOD to their watchlist [5].
Tesla (TSLA) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-10-14 14:36
Tesla (TSLA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, TSLA broke through the 20-day moving average, which suggests a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-term ...
Lemonade (LMND) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-10-06 14:36
Core Viewpoint - Lemonade (LMND) is showing potential as a short-term bullish investment due to its recent technical indicators and positive earnings estimate revisions [1][4]. Technical Analysis - LMND has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1]. - The 20-day moving average is a significant trading tool that helps smooth out price fluctuations and provides trend reversal signals [2]. Performance Metrics - Over the past four weeks, LMND shares have increased by 8.5% [4]. - The company currently holds a Zacks Rank of 3 (Hold), suggesting the potential for continued upward movement [4]. Earnings Estimates - In the last two months, no earnings estimates for LMND have been lowered, while four estimates have been raised for the current fiscal year, leading to an increase in the consensus estimate [4]. - The positive revisions in earnings estimates strengthen the bullish outlook for LMND [4]. Investment Consideration - Given the favorable technical indicators and the positive trend in earnings estimates, LMND should be considered for a watchlist by investors [5].
The PNC Financial Services Group, Inc (PNC) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-09-19 14:36
Group 1 - PNC Financial Services Group, Inc (PNC) has reached a significant support level, indicating a potential investment opportunity from a technical perspective [1] - Recently, PNC broke through the 20-day moving average, suggesting a short-term bullish trend [1] - Shares of PNC have increased by 6.3% over the past four weeks, indicating positive momentum [5] Group 2 - The 20-day simple moving average (SMA) is a popular tool among traders as it smooths out price fluctuations and provides insight into short-term price trends [2] - A stock price above the 20-day moving average indicates a positive trend, while a price below it signals a potential downward trend [3] - PNC's earnings estimate revisions show three upward revisions for the current fiscal year, with no downward revisions, reinforcing the bullish outlook [5] Group 3 - PNC is currently ranked 3 (Hold) by Zacks, suggesting the potential for continued price appreciation [5] - The positive movement in earnings estimate revisions and the technical indicator make PNC a candidate for investors' watchlists [6]
Angi (ANGI) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-08-25 14:36
Core Viewpoint - Angi (ANGI) is showing potential for short-term gains as it has recently reached a key support level and surpassed the 20-day moving average, indicating a bullish trend [1][4]. Technical Analysis - ANGI has recently overtaken the 20-day simple moving average, which is a positive indicator for short-term traders as it smooths out price trends and signals potential trend reversals [1][2]. - The stock has gained 7.6% over the past four weeks, reinforcing its positive momentum [4]. Earnings Estimates - There have been two upward revisions in earnings estimates for the current fiscal year, with no downward revisions, suggesting a positive outlook for the company [4]. - The consensus earnings estimate has also increased, further supporting the bullish case for ANGI [4][5]. Investment Outlook - The combination of positive earnings estimate revisions and the stock hitting a key technical level suggests that investors should monitor ANGI for potential gains in the near future [5].
DraftKings Posts Record Quarter, Eyes Profitability
MarketBeat· 2025-08-08 13:42
Core Insights - DraftKings Inc. reported record revenue and earnings in Q2 2025, with earnings per share (EPS) of 30 cents on revenue of $1.51 billion, representing a 37% year-over-year growth [2][3] - The company raised its full-year guidance for revenue to between $4.95 billion and $5.05 billion and adjusted EBITDA to between $460 million and $540 million [11] Financial Performance - DraftKings achieved a significant profit due to reduced advertising and marketing spending after the Super Bowl, allowing more revenue to contribute to the bottom line [4] - The company experienced a 29% increase in average revenue per user and growth in iGaming revenue, indicating a positive trend towards sustained profitability [3] Market Dynamics - There are concerns regarding slower growth in iGaming and active users as DraftKings expands into new markets, which may indicate market saturation in early-entry states [7][8] - DraftKings continues to trade at growth-stock valuations, necessitating evidence that any deceleration in growth is a natural plateau rather than a sign of deeper issues [9] Stock Performance - DraftKings stock has increased over 20% in 2025, outperforming other consumer discretionary stocks, and is currently trading above its 50-day simple moving average [15] - Analysts have set a consensus price target of $54.48 for DraftKings stock, indicating a potential upside of 22% from its recent closing price [16] New Product Developments - DraftKings has launched prediction markets in select states, although these may come under the oversight of the U.S. Commodity Futures Trading Commission, raising concerns among investors [13][14] - While prediction markets currently contribute a small portion of revenue, they represent an opportunity for growth in a competitive market [14]
Align Technology (ALGN) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-07-24 14:46
Technical Analysis - Align Technology (ALGN) has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average is a popular trading tool that smooths out price fluctuations and provides trend reversal signals, beneficial for short-term traders [1][2] Stock Performance - ALGN shares have increased by 9.1% over the past four weeks, suggesting a positive trend [2] - The company currently holds a Zacks Rank 2 (Buy), indicating potential for continued price appreciation [2] Earnings Estimates - There have been two upward revisions for ALGN's earnings estimates for the current fiscal year, with no downward revisions, leading to an increased consensus estimate [3] - The combination of positive earnings estimate revisions and technical indicators suggests that ALGN may experience further gains in the near future [3]
Kimbell Royalty (KRP) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-07-03 14:36
Technical Analysis - Kimbell Royalty (KRP) has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is a popular tool among traders as it smooths out price fluctuations and can signal trend reversals more effectively than longer-term averages [2] Performance Metrics - KRP has moved 8.4% higher over the last four weeks, suggesting potential for further gains [4] - The company currently holds a Zacks Rank 2 (Buy), indicating positive market sentiment [4] Earnings Estimates - There have been two upward revisions in KRP's earnings estimates for the current fiscal year, with no downward revisions, leading to an increased consensus estimate [4][5] - The combination of positive technical factors and earnings estimate revisions may attract investor interest for potential gains in the near future [5]
Commvault Systems (CVLT) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-05-28 14:36
Core Viewpoint - Commvault Systems (CVLT) is showing potential for investment due to its recent technical indicators and positive earnings revisions [1][4]. Technical Analysis - CVLT has crossed above the 20-day moving average, indicating a short-term bullish trend [1][2]. - The stock has moved 5.9% higher over the last four weeks, suggesting momentum towards a potential rally [4]. Earnings Estimates - There have been three upward revisions for CVLT's earnings estimates for the current fiscal year, with no downward revisions, indicating positive sentiment among analysts [4]. - The consensus earnings estimate has also increased, further strengthening the bullish outlook for the company [4]. Investment Consideration - Given the positive technical indicators and earnings estimate revisions, CVLT is recommended for investors' watchlists [5].