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X @TylerD ๐Ÿง™โ€โ™‚๏ธ
And here are the last two DXY death crosseshttps://t.co/XWuBCWOIOzBarchart (@Barchart):U.S. Dollar Index $DXY is about to form a Death Cross โ˜ ๏ธ on the weekly chart (50 week moving average crossing below the 200 week) ๐Ÿšจ A huge upside reversal took place each of the last 2 times this happened (March 2018 and Jan 2021) ๐Ÿ“ˆ๐Ÿ“ˆ https://t.co/ALLwNxT70w ...
Should You Buy Melco Resorts (MLCO) After Golden Cross?
ZACKSยท 2025-07-02 14:56
Core Viewpoint - Melco Resorts & Entertainment Limited (MLCO) is showing potential for a bullish breakout due to a recent "golden cross" in its moving averages, indicating a key level of support [1] Technical Analysis - MLCO's 50-day simple moving average has crossed above its 200-day simple moving average, forming a "golden cross," which is a bullish technical pattern [1] - A golden cross consists of three stages: a downtrend that bottoms out, a shorter moving average crossing above a longer moving average, and continued upward momentum [2] Performance Metrics - MLCO shares have increased by 29% over the past four weeks, indicating strong upward movement [3] - The company currently holds a 2 (Buy) rating on the Zacks Rank, suggesting it may be poised for further breakout [3] Earnings Outlook - There have been three upward revisions in earnings estimates for MLCO over the past 60 days, with no downward revisions, indicating a positive earnings outlook for the current quarter [3] - The Zacks Consensus Estimate for MLCO has also increased, reinforcing the bullish sentiment [3] Investment Consideration - Given the technical indicators and positive earnings revisions, MLCO should be considered for a watchlist by investors [5]
Affiliated Managers Group (AMG) Just Flashed Golden Cross Signal: Do You Buy?
ZACKSยท 2025-07-01 14:56
Group 1 - Affiliated Managers Group, Inc. (AMG) has reached an important support level and recently experienced a "golden cross," indicating a potential bullish trend [1][2] - A golden cross occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), suggesting a bullish breakout is likely [2][3] - Over the past four weeks, AMG's stock has gained 9.4%, and it currently holds a 1 (Strong Buy) rating on the Zacks Rank, indicating strong potential for further gains [4] Group 2 - The positive earnings outlook for AMG supports the bullish case, with no earnings estimates cut and five revisions higher in the past 60 days, leading to an increase in the Zacks Consensus Estimate [4][5] - Investors are encouraged to monitor AMG for potential gains due to the combination of positive technical indicators and favorable earnings revisions [5]
Should You Buy Lumentum (LITE) After Golden Cross?
ZACKSยท 2025-06-30 14:56
Technical Analysis - Lumentum Holdings Inc. (LITE) has reached a key level of support, indicating potential for upward movement [1] - A "golden cross" has occurred, with LITE's 50-day simple moving average crossing above its 200-day simple moving average, suggesting a bullish breakout may be on the horizon [1] - The golden cross pattern typically indicates stronger breakouts due to the involvement of longer time periods [1] Market Performance - LITE has experienced a rally of 31.1% over the past four weeks, indicating positive momentum [3] - The company currently holds a 3 (Hold) rating on the Zacks Rank, suggesting it could be poised for further breakout [3] Earnings Outlook - Positive earnings outlook for the current quarter supports the bullish case for LITE, with no earnings estimates decreasing in the past two months and eight revisions higher [3] - The Zacks Consensus Estimate for LITE has also increased, reinforcing the positive sentiment around the company's performance [3] Investment Consideration - Investors are encouraged to consider adding LITE to their watchlist due to the significant technical indicator and the positive movement in earnings estimates [5]
Grupo Televisa (TV)'s Technical Outlook is Bright After Key Golden Cross
ZACKSยท 2025-06-27 14:55
Core Viewpoint - Grupo Televisa S.A. (TV) is identified as a potential stock pick due to a recent "golden cross" event, indicating a bullish trend from a technical perspective [1][4]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), signaling a bullish breakout [2]. - The successful formation of a golden cross involves three stages: the stock price bottoms out, the shorter moving average crosses above the longer one, and the stock maintains upward momentum [3]. Performance Metrics - Over the past four weeks, TV has experienced a gain of 20.1% [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 TV is positive, with no earnings estimates cut and two revisions higher in the past 60 days [4]. - The Zacks Consensus Estimate for earnings has also increased, reinforcing the bullish sentiment [4][6].
Should You Buy ASML (ASML) After Golden Cross?
ZACKSยท 2025-06-25 14:56
ASML Holding N.V. (ASML) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ASML's 50-day simple moving average broke out above its 200-day moving average; this is 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 ...
STMicroelectronics (STM)'s Technical Outlook is Bright After Key Golden Cross
ZACKSยท 2025-06-25 14:56
STMicroelectronics N.V. (STM) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, STM's 50-day simple moving average broke out above its 200-day moving average; this is 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 ...
Qiagen (QGEN) Just Flashed Golden Cross Signal: Do You Buy?
ZACKSยท 2025-06-23 14:56
Core Viewpoint - QIAGEN N.V. (QGEN) is showing potential for a bullish breakout as it has reached a key support level and experienced a "golden cross" in its moving averages [1][2]. Technical Analysis - A "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]. - The formation of a golden cross typically follows a downtrend, a crossover of moving averages, and then an upward price movement [3]. Recent Performance - QGEN has moved 11.2% 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 a positive shift in earnings estimates for QGEN, with 9 upward revisions and no downward revisions in the past two months [4]. - The Zacks Consensus Estimate for QGEN's earnings has also increased, reinforcing the bullish outlook for the company [5].
Bitcoin Bull Market Support Band
Benjamin Cowenยท 2025-06-23 05:40
Hey everyone and thanks for jumping back into the cryptoverse. Today we're going to talk about Bitcoin and we're going to be proiding an update to the bull market support band. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. Let's go ahead and jump in. So, it seems like this would be a good week to provide an update on the bull market sport band. As I mentioned, with the ...
After Golden Cross, Diversified Healthcare (DHC)'s Technical Outlook is Bright
ZACKSยท 2025-06-17 14:56
Core Viewpoint - Diversified Healthcare Trust (DHC) shows potential as a stock pick due to a recent "golden cross" event, indicating a bullish trend may be forthcoming [1][2]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), suggesting a bullish breakout [2]. - The successful golden cross event consists of three stages: a price decline bottoming out, the shorter moving average crossing above the longer one, and maintaining upward momentum [3]. Performance Metrics - DHC shares have increased by 14.7% over the past four weeks, indicating positive momentum [4]. - The company holds a 2 (Buy) rating on the Zacks Rank, suggesting strong potential for further breakout [4]. Earnings Outlook - DHC's earnings outlook for the current quarter is positive, with one upward revision and no downward revisions in the past 60 days, leading to an increase in the Zacks Consensus Estimate [4]. - The combination of the technical indicator and positive earnings estimates makes DHC a candidate for investors' watchlists [6].