Death Cross
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Should You Buy Avnet (AVT) After Golden Cross?
ZACKS· 2026-02-09 15:56
Avnet, Inc. (AVT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AVT's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typically, a ...
After Golden Cross, Enterprise Financial Services (EFSC)'s Technical Outlook is Bright
ZACKS· 2026-02-05 15:55
From a technical perspective, Enterprise Financial Services Corporation (EFSC) is looking like an interesting pick, as it just reached a key level of support. EFSC's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average bre ...
Pathward Financial (CASH) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2026-02-04 15:56
Pathward Financial, Inc. (CASH) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CASH'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 averages ...
Should You Buy First Bancorp (FBP) After Golden Cross?
ZACKS· 2026-01-30 15:55
Core Viewpoint - First BanCorp. (FBP) is showing potential for a bullish breakout due to a recent "golden cross" in its moving averages, indicating a positive technical outlook [1]. Group 1: Technical Indicators - FBP's 50-day simple moving average has crossed above its 200-day simple moving average, forming a "golden cross," which is a significant bullish signal [1]. - A successful golden cross event consists of three stages: the stock price bottoms out, the shorter moving average crosses above the longer one, and the stock maintains upward momentum [2]. Group 2: Performance Metrics - FBP has experienced a rally of 6.8% over the past four weeks, suggesting positive market sentiment [3]. - The company currently holds a 2 (Buy) rating on the Zacks Rank, indicating favorable conditions for potential gains [3]. Group 3: Earnings Outlook - There have been no cuts to earnings estimates for the current quarter, with one revision higher in the past 60 days, contributing to a positive earnings outlook [3]. - The Zacks Consensus Estimate for FBP has also increased, reinforcing the bullish case for the company [3][5].
Bitcoin Plunge Could Get Much Worse as Death Cross Gains Power
Yahoo Finance· 2026-01-29 21:34
Market Overview - The crypto market is experiencing significant challenges, with Bitcoin's price declining while traditional safe havens like gold and silver are gaining value [1][2] - Gold surpassed $5,600 per ounce and silver reached $121, contrasting sharply with Bitcoin's struggles [1][2] Investor Behavior - Investors are gravitating towards gold and silver due to rising macroeconomic uncertainties, including potential U.S. government shutdowns and Federal Reserve indecision [2] - Bitcoin's relatively short 15-year history is not sufficient to instill confidence during periods of market fear, leading to a preference for more established assets [3] Bitcoin Price Dynamics - Bitcoin is currently trading at $83,405, down 6.46% from previous levels, having fallen from a high of nearly $97,000 earlier in the year [4] - The price has breached multiple support levels, indicating a bearish trend that may continue [4] Technical Indicators - The occurrence of a "death cross," where the 50-day Exponential Moving Average (EMA) falls below the 200-day EMA, signals a long-term bearish outlook for Bitcoin [5][6] - This technical pattern has historically preceded significant price declines in Bitcoin, suggesting a potential repeat of past market behaviors [6] Market Sentiment - The Average Directional Index (ADX) is currently at 24, indicating a weakening trend strength as it approaches the critical threshold of 25 [8] - A failure to reclaim the 50-day EMA, currently around $88,000, suggests that Bitcoin faces substantial resistance before any recovery can occur [7]
Coinbase's Chart Flashes Death Cross As Bitcoin Falls Amid Crypto Winter Fears
Investors· 2026-01-27 22:14
Coinbase Stock Flashes Death Cross As Bitcoin Falls | Investor's Business DailyBREAKING: [Dow Futures Fall As Meta, Microsoft Diverge]---Coinbase (COIN) stock has been languishing below its 50-day moving average since November. Shares on Tuesday slid, extending a five-day losing streak, and remained well below their 50-and 200-day moving averages. Moreover, Coinbase's chart now has some bearish features that reveal more recent technical damage. Coinbase stock has been hurt by bitcoin's recent price slump to ...
Options Corner: BA Earnings Preview
Youtube· 2026-01-26 14:04
Core Viewpoint - Boeing is experiencing a significant upward trend, with a 41% increase from year-ago levels, reaching two-year highs, indicating positive market sentiment and performance expectations [2]. Group 1: Stock Performance and Trends - Boeing's stock has shown a parabolic move over the last six to nine months, with a notable increase from previous years, although it remains below its all-time high of 446 reached in mid-2018 [3][4]. - The stock's recent performance includes a "golden cross" where the 50-day moving average has moved above the 200-day moving average, suggesting bullish momentum [5]. - The Relative Strength Index (RSI) is above 75, indicating that the stock is overbought on a technical basis, but positive news regarding new orders has contributed to this momentum [6]. Group 2: Market Expectations and Options Strategy - The options market is pricing in a potential move of approximately ±4.5%, equating to just over $11, indicating lower implied volatility at 13%, which is in the bottom 90% of the past 52 weeks [8]. - A neutral to bullish options strategy is suggested, involving a short $10 wide put vertical, which allows for profit even if the stock declines post-earnings [9][10]. - The proposed strategy includes selling an out-of-the-money put at a strike price of 242.5 and buying a put at 232.5, with a potential credit of approximately $2.30, and a break-even point at $240.20, which is about 4.6% below the current share price [10][11].
USA Compression Partners (USAC)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2026-01-23 15:55
Core Viewpoint - USA Compression Partners, LP (USAC) is showing potential for a bullish breakout as it has reached a significant support level and experienced a "golden cross" in its moving averages [1][2]. Technical Analysis - The "golden cross" occurs when a stock's 50-day simple moving average crosses above its 200-day simple moving average, indicating a potential bullish trend [2]. - A successful golden cross event consists of three stages: the stock price bottoms out, the shorter moving average crosses above the longer one, and the stock maintains upward momentum [3]. Recent Performance - USAC has moved 9% higher over the last four weeks, suggesting positive momentum [4]. - The company currently holds a 3 (Hold) rating on the Zacks Rank, indicating a neutral outlook [4]. Earnings Outlook - There has been a positive shift in earnings estimates for USAC, with no estimates decreasing in the past two months and two revisions higher, leading to an increase in the Zacks Consensus Estimate [4][6]. - This positive earnings outlook, combined with the technical factors, suggests that investors may want to monitor USAC for potential gains [6].
COIN Stock Price Drops 6.4% after Coinbase Withdraws Support for Crypto Bill
Yahoo Finance· 2026-01-16 09:13
Group 1 - COIN, the stock of Coinbase, experienced a 6.4% decline on January 15, primarily due to the company's withdrawal of support from the crypto market structure bill [1][4] - The stock price fell below $240, forming a "death cross" pattern, indicating a bearish trend as the 50-day simple moving average crossed below the 200-day simple moving average [2] - Historical data suggests that similar setups in the past have coincided with major price bottoms, leading to subsequent rallies of over 100% [3] Group 2 - Coinbase's CEO Brian Armstrong cited significant issues with the bill, including a ban on tokenized equities and limitations on DeFi, as reasons for the withdrawal, emphasizing that a bad bill is worse than no bill at all [4][6] - Armstrong believes that the concerns raised by Coinbase are shared by the broader crypto industry, and he does not think the withdrawal will permanently damage the bill's prospects [5][6] - Citron Research criticized Coinbase's decision, suggesting that the company is more concerned about rising competition than the bill's framework, and they support the tokenization platform Securitize, which has issued over $4 billion in tokenized assets [7]
Crypto Market Cools as Bitcoin Stays Within Death Cross: Analysis
Yahoo Finance· 2026-01-08 19:13
Market Overview - The crypto market is experiencing a downturn, with Bitcoin trading around $90,600 after briefly exceeding $93,000 earlier in the week, and the total market cap at $3.06 trillion, down approximately $35 billion or 1.14% [1] - The broader crypto market is in bearish territory, needing to hold above the $3.2 trillion mark for traders to consider a recovery [3] Institutional Investment - Bitcoin ETFs saw significant inflows of $1.2 billion in the first two trading days of 2026, marking the largest single-day inflow since October, but faced immediate outflows of $243 million and $476 million in subsequent days, indicating a fragile institutional interest [4][5] Technical Analysis - Bitcoin's current price is $90,673, down about 0.66% for the day but up 3% over the past week, following a major spike earlier [6] - The "death cross" pattern remains, indicating potential for further downside or prolonged sideways action, as prices are below both the 50-day and 200-day exponential moving averages [7] - The gap between bulls and bears is narrow, suggesting a slower bearish pace compared to previous months when Bitcoin was sliding from its all-time high above $126,000 [8]