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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].
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 ...