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Boston Scientific (BSX) Crossed Above the 20-Day Moving Average: What That Means for Investors
ZACKS· 2025-07-11 14:36
Core Viewpoint - Boston Scientific (BSX) is showing potential for investment due to its recent technical movements and positive earnings estimate revisions [1][4]. Technical Analysis - BSX has crossed above the 20-day moving average, indicating a short-term bullish trend [1][2]. - The stock has increased by 5.4% over the past four weeks, suggesting upward momentum [4]. Earnings Estimates - There have been no downward revisions in earnings estimates for the current fiscal year in the past two months, with one estimate being revised higher [4]. - The consensus estimate for BSX has also increased, reinforcing the positive outlook [4][5]. Investment Sentiment - BSX is currently rated as a Zacks Rank 2 (Buy), indicating strong potential for continued gains [4]. - The combination of positive technical indicators and earnings estimate revisions suggests that investors should monitor BSX for further opportunities [5].
Adma Biologics (ADMA) Just Overtook the 20-Day Moving Average
ZACKS· 2025-04-15 14:35
Adma Biologics (ADMA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ADMA crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.T ...