20 - day simple moving average

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SoFi Technologies, Inc. (SOFI) Recently Broke Out Above the 20-Day Moving Average
ZACKS· 2025-07-24 14:46
After reaching an important support level, SoFi Technologies, Inc. (SOFI) could be a good stock pick from a technical perspective. SOFI surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.Like oth ...
ASML (ASML) Just Overtook the 20-Day Moving Average
ZACKS· 2025-06-24 14:35
Group 1 - ASML has reached a significant support level and is considered a good pick for investors from a technical perspective, having recently broken through the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is a popular investing tool that helps smooth out price fluctuations and can show more trend reversal signals than longer-term moving averages [2] - ASML shares have increased by 6.5% over the past four weeks, and the company holds a Zacks Rank 2 (Buy), suggesting potential for continued growth [4] Group 2 - Positive earnings estimate revisions further strengthen the bullish case for ASML, with no earnings estimates lowered in the past two months and two raised estimates for the current fiscal year, leading to an increase in the consensus estimate [4] - Investors are encouraged to consider adding ASML to their watchlist due to the important technical indicator and the positive movement in earnings estimate revisions [5]
Oddity Tech (ODD) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-06-11 14:36
Technical Analysis - Oddity Tech (ODD) has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average is a popular trading tool that smooths out price fluctuations and provides trend reversal signals, beneficial for short-term traders [2] Performance Metrics - Over the past four weeks, ODD has gained 18.3%, indicating strong performance [4] - The company is currently ranked a Zacks Rank 1 (Strong Buy), suggesting potential for further price increases [4] Earnings Estimates - There have been 4 upward revisions in earnings estimates for the current fiscal year, with no downward revisions, leading to an increase in the consensus estimate [4] - The combination of positive earnings estimate revisions and favorable technical indicators suggests that investors may want to monitor ODD for potential gains in the near future [5]