Death Cross
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Riot Platforms Forms Death Cross As Bitcoin Volatility Adds Pressure
Benzinga· 2025-04-01 18:30
Riot Platforms Inc. RIOT just flashed a major warning signal, officially forming a Death Cross as its 50-day simple moving average sank below the 200-day moving average. While shares jumped 3.93% by early afternoon on Monday, the broader trend remains bearish – down 29.3% year to date and a 35.5% in the past year. Chart created using Benzinga Pro Read Also: Bitcoin Miners Core Scientific, Riot Platforms, CleanSpark, Iris Energy See Price Targets Slashed: Bernstein A Bearish Storm Brewing Technicals paint a ...
Information Services Group (III) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2025-04-01 14:55
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].
Jim Cramer threatens to ‘expose' those ‘lying about Nvidia'
Finbold· 2025-04-01 14:16
The 2025 stock market downturn appears to have gotten to the legendary yet frequently mocked Mad Money host Jim Cramer. Indeed, the popular TV personality has started to defend his favored stock picks with relentless vigor in his X post, with a prime target of his ire being directed toward Nvidia (NASDAQ: NVDA) bears. At the tail end of a five-part tweet series published on April 1, Cramer warned that many are lying about NVDA and that he would, unless they stop, 'expose them.' The death cross has already o ...
Sky Harbour Group Corporation (SKYH) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-03-31 14:55
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 ...
Adma Biologics (ADMA) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-03-26 14:55
Technical Analysis - ADMA Biologics Inc 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 its long-term moving average [1][2] Market Performance - ADMA has experienced a rally of 31% over the past four weeks, indicating strong upward momentum [3] - The company currently holds a 2 (Buy) rating on the Zacks Rank, suggesting positive market sentiment [3] Earnings Outlook - The earnings outlook for ADMA is positive, with no earnings estimates decreasing in the past two months and two revisions higher, leading to an increase in the Zacks Consensus Estimate [3] - This positive earnings outlook further solidifies the bullish case for ADMA [3] Investment Consideration - Investors are encouraged to consider adding ADMA to their watchlist due to the significant technical indicator and the positive movement in earnings estimates [4]
Jim Cramer calls Nvidia stock a ‘shortsellers paradise'
Finbold· 2025-03-24 13:51
Core Viewpoint - Jim Cramer has referred to Nvidia stock as a 'shortsellers paradise' due to the appearance of a death cross chart pattern, indicating potential downward price movement [2][4]. Price Action and Market Sentiment - On March 21, Nvidia stock closed at $117.70, and by March 24, it had increased by 2.11% to $120.19, with year-to-date losses at 10.50% [5]. - The short volume ratio for Nvidia stock rose above 50 on March 13 but fell to 44.25 on March 21, suggesting that short-sellers may be losing momentum [6][8]. Short Interest and Market Manipulation - Cramer claims that options contracts and inverse ETFs are being used to manipulate Nvidia's stock price downward, requiring less than $10 million in capital to do so [3][4]. - Despite the death cross pattern, which historically led to a 47% loss over six months, the current pre-market activity indicates that this pattern could be invalidated soon [8]. Analyst Sentiment - Nvidia is still viewed as a consensus 'buy' by Wall Street analysts, with positive revisions following the company's GPU Technology Conference [9].
Can GM's Nvidia-Powered AI Push Steer Stock Away From Looming Death Cross?
Benzinga· 2025-03-19 17:40
Core Viewpoint - General Motors Co (GM) is facing a critical technical level that may concern investors, as its stock approaches a bearish signal known as a Death Cross, despite advancements in AI integration with Nvidia Corp [1][3]. Group 1: Stock Performance and Technical Indicators - GM stock is currently trading at $49.16, slipping below key moving averages, indicating potential downward momentum [1]. - The 50-day simple moving average is at $49.16, while the 200-day simple moving average is at $49.07, suggesting a looming Death Cross, which is a classic indicator of prolonged downside risk [5]. - The Moving Average Convergence Divergence (MACD) indicator is at negative 0.05, reinforcing the bearish outlook for GM stock [5]. Group 2: AI Developments and Long-term Growth Potential - GM is leveraging Nvidia's AI technology for factory automation and self-driving development, utilizing Omniverse for digital assembly simulations, which is expected to improve manufacturing efficiency [2]. - The partnership with Nvidia aims to enhance GM's advanced driver-assistance systems, such as Super Cruise, indicating a focus on long-term growth through AI investments [2][3]. Group 3: Investor Sentiment and Implications - The approaching Death Cross may present an opportunity for bullish investors, potentially marking an inflection point for GM's AI-driven ambitions [4]. - Short-term traders may be cautious and consider exiting positions due to the technical warning signs, while long-term investors are weighing the potential of GM's AI innovations against the technical downturn [3][4].