Workflow
Golden Cross(黄金交叉)
icon
Search documents
After Golden Cross, nCino (NCNO)'s Technical Outlook is Bright
ZACKS· 2025-09-11 14:56
Core Viewpoint - nCino Inc. (NCNO) 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] 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 [1] - A golden cross consists of three stages: a downtrend that bottoms out, a crossover of the shorter moving average above the longer one, and continued upward momentum [2] Recent Performance - NCNO has moved 6.5% higher over the last four weeks, suggesting positive momentum [3] - The company currently holds a 3 (Hold) rating on the Zacks Rank, indicating a neutral outlook [3] Earnings Outlook - There has been a positive shift in earnings estimates for NCNO, with five upward revisions in the past two months and no downward revisions [3] - The Zacks Consensus Estimate for earnings has also increased, reinforcing the bullish outlook for the company [5]