Insteel Industries, Inc. (IIIN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, IIIN's 50-day simple moving average broke out above its 200-day moving average; this is 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 ...

Technical Analysis - Telefonica Brasil S.A. (VIV) has reached a key level of support, with its 50-day simple moving average crossing above its 200-day simple moving average, indicating a "golden cross" [1] - A golden cross is a bullish technical chart pattern that suggests a potential breakout, characterized by a short-term moving average surpassing a long-term moving average [2] Stock Performance - VIV shares have increased by 10.3% over the past four weeks, indicating positive momentum [3] - The company currently holds a 3 (Hold) rating on the Zacks Rank, suggesting potential for further gains [3] Earnings Outlook - There has been a positive shift in earnings estimates for VIV, with one revision higher and no downward revisions in the past two months, leading to an increase in the Zacks Consensus Estimate [3][4] - The combination of positive earnings outlook and technical indicators positions VIV as a stock to watch for potential gains in the near future [4]

Limbach Holdings, Inc. (LMB) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, LMB's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."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 moving averages ...

Core Viewpoint - Eldorado Gold Corporation (EGO) 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 - EGO's 50-day simple moving average has recently broken above its 200-day moving average, indicating a bullish breakout [1]. - A golden cross is characterized by a downtrend followed by a crossover of the shorter moving average over the longer moving average, leading to a trend reversal and subsequent price increase [2]. Performance Metrics - Over the past four weeks, EGO's stock has gained 14.2% [3]. - The company currently holds a 3 (Hold) rating on the Zacks Rank, suggesting potential for further breakout [3]. - Earnings expectations have improved, with two upward revisions and no downward changes in estimates over the past 60 days, contributing to a positive outlook [3][5].

Technical Analysis - StoneCo Ltd. (STNE) has reached a key level of support, indicating a potential bullish breakout as its 50-day simple moving average has crossed above the 200-day simple moving average, forming a "golden cross" [1] - A golden cross is characterized by a downtrend followed by a crossover of the shorter moving average over the longer moving average, leading to a trend reversal and subsequent upward price movement [2] Performance Metrics - STNE has experienced a significant price increase of 25.1% over the last four weeks, suggesting strong momentum [3] - The company currently holds a 1 (Strong Buy) rating on the Zacks Rank, indicating positive market sentiment [3] Earnings Outlook - The earnings outlook for STNE is positive, with no earnings estimates decreasing in the past two months, while there have been two upward revisions, contributing to an increase in the Zacks Consensus Estimate [3][4] - The combination of favorable earnings estimate revisions and the technical breakout position suggests that STNE may continue to see gains in the near future [4]

Core Insights - Regulus Therapeutics Inc. (RGLS) has reached a significant support level, indicating a potential investment opportunity from a technical perspective [1] - The recent breakout of RGLS's 50-day simple moving average above its 200-day moving average signifies a "golden cross," which is a bullish indicator [1] - RGLS has experienced a substantial price increase of 97.7% over the last four weeks, suggesting strong upward momentum [3] Technical Analysis - A golden cross event consists of three stages: the stock price bottoms out, the shorter moving average crosses above the longer moving average, and the stock maintains upward momentum [2] - The occurrence of a golden cross is contrasted with a death cross, which indicates potential bearish price movement [2] Earnings Expectations - RGLS's earnings expectations have shown positive changes, with two upward revisions and no downward revisions in the last 60 days, enhancing the bullish outlook [3] - The Zacks Consensus Estimate for RGLS has also moved upward, further supporting the positive sentiment around the stock [3] Investment Consideration - Given the technical indicators and positive earnings estimate movements, RGLS is recommended for investors to consider adding to their watchlist [5]

Core Viewpoint - Newmont Corporation (NEM) is showing potential as a bullish investment opportunity due to a recent technical indicator known as a "golden cross" and positive earnings outlook [1][4]. Technical Analysis - NEM's 50-day simple moving average has crossed above its 200-day simple moving average, indicating a "golden cross" which often signifies a potential bullish breakout [1][2]. - A golden cross typically follows a downtrend, where the stock's shorter moving average crosses above the longer moving average, leading to a trend reversal and subsequent price increase [2][3]. Performance Metrics - Over the past four weeks, NEM has experienced a price increase of 16.6% [4]. - The stock currently holds a 2 (Buy) rating on the Zacks Rank, suggesting it may be poised for further breakout [4]. Earnings Outlook - The earnings outlook for NEM is positive, with no earnings estimates decreasing in the past two months, while there have been four upward revisions [4]. - The Zacks Consensus Estimate for NEM has also increased, reinforcing the bullish sentiment around the stock [4][5].

Core Viewpoint - Information Services Group, Inc. (III) is showing bullish potential due to a recent technical indicator known as a "golden cross," which suggests a possible breakout in the stock price [1][2]. Technical Analysis - III's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a bullish trend [1]. - The golden cross pattern typically involves a downtrend followed by a crossover of shorter moving averages over longer ones, leading to a positive trend reversal [2]. Performance Metrics - Over the last four weeks, III's stock price has increased by 29.9%, indicating strong upward momentum [3]. - The company currently holds a 3 (Hold) rating on the Zacks Rank, suggesting a neutral outlook [3]. Earnings Outlook - There have been no earnings estimate cuts for the current quarter, with one revision higher in the past 60 days, indicating a positive earnings outlook [3]. - The Zacks Consensus Estimate for III has also seen an increase, further supporting the bullish case for the stock [3]. Investment Consideration - Given the significant technical indicator and the positive movement in earnings estimates, investors are encouraged to consider adding III to their watchlist [5].

Sky Harbour Group Corporation (SKYH) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SKYH's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross." 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 moving av ...