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Grupo Aeroportuario del Sureste (ASR) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2026-01-29 15:55
Core Viewpoint - Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) shows potential as a stock pick due to a recent "golden cross" event, indicating a bullish trend reversal [1][4]. Technical Analysis - A "golden cross" occurs when a stock's 50-day simple moving average crosses above its 200-day simple moving average, suggesting a potential bullish breakout [2]. - The successful golden cross event consists of three stages: a price decline bottoming out, the shorter moving average crossing above the longer moving average, and maintaining upward momentum [3]. Performance Metrics - Over the past four weeks, ASR has gained 8.6%, indicating positive momentum [4]. - ASR currently holds a 2 (Buy) rating on the Zacks Rank, suggesting it may be poised for further breakout [4]. Earnings Outlook - The earnings outlook for ASR is positive, with one upward revision in earnings estimates over the past 60 days and no downward revisions, leading to an increase in the Zacks Consensus Estimate [4]. - The combination of the technical indicator and positive earnings estimates makes ASR a candidate for investors' watchlists [6].
Should You Buy Murphy USA (MUSA) After Golden Cross?
ZACKS· 2026-01-27 15:56
After reaching an important support level, Murphy USA Inc. (MUSA) could be a good stock pick from a technical perspective. MUSA recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-d ...
Bitcoin Stuck in Neutral, But This Gaming Token Is Going Parabolic
Yahoo Finance· 2026-01-23 20:23
Group 1: Bitcoin Market Analysis - Bitcoin is currently trading around $90,895, showing a modest increase of 1.6% after bouncing from lows of approximately $88,000, but technical indicators suggest weakness and indecision among traders [3][6] - A bearish "death cross" pattern has formed, indicating potential downward pressure, as the 50-day EMA is below the 200-day average, which typically signals a shift in momentum towards bearish sentiment [4][5] - The 50-day EMA is acting as immediate resistance near the Fibonacci level of $91,353, and bulls have struggled to maintain trading above these moving averages for extended periods [6] Group 2: Market Context - The broader market is experiencing volatility, with gold reaching an all-time high of $4,900 per ounce and silver surpassing $99, as investors shift away from risk assets [2] - The S&P 500 is facing its second consecutive weekly decline, influenced by geopolitical tensions and proposed tariffs, leading to a sell-off in equities [2] - Goldman Sachs projects that gold could reach $5,400 by year-end, driven by the acceleration of the "debasement trade" [2] Group 3: Technical Indicators - Bitcoin's Relative Strength Index (RSI) is at 48.3, indicating a neutral position with neither strong buying momentum nor capitulation selling, suggesting a slightly bearish mood among traders [7]
Bitcoin Slides as Crypto Markets Correct: Is the Golden Cross at Risk?
Yahoo Finance· 2026-01-19 19:25
Market Overview - Bitcoin's recent price surge above $97,000 has reversed, with current trading at $93,192, indicating a loss of optimism among traders [1] - The global cryptocurrency market cap is now at $3.15 trillion, reflecting a 2.38% decline from the previous day, with over $800 million in leveraged long positions liquidated in the last 24 hours [2] Cryptocurrency Performance - Among the top 100 cryptocurrencies, only three have shown gains above 1% in the last day: Midnight, Quant, and Monero, the latter experiencing renewed interest due to its privacy features [3] - Prediction market traders show cautious optimism, with 82% betting on Bitcoin's price moving towards $100,000, while 73% believe it will not reach a new all-time high before July [3][4] Technical Analysis - Bitcoin has been recovering since November lows near $80,000, briefly testing the $96,000 zone but has since retreated below the EMA50, which is around $93,000 [5] - The golden cross remains intact, but the narrowing gap between short-term and long-term moving averages raises concerns about the sustainability of the bullish signal [6] - The Average Directional Index (ADX) is at 32.7, indicating a strong trend is in place, with prices bouncing at clear upward support, suggesting a slow price increase despite recent volatility [7]
EverQuote (EVER) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2025-12-22 15:56
Core Viewpoint - EverQuote, Inc. (EVER) shows potential as a stock pick due to a recent "golden cross" event, indicating a bullish trend may be forthcoming [1][2]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), suggesting a bullish breakout [2]. - The successful golden cross event consists of three stages: a price decline bottoming out, the shorter moving average crossing above the longer one, and the stock maintaining upward momentum [3]. Performance Metrics - Over the past four weeks, EVER has increased by 9.6%, and it currently holds a 1 (Strong Buy) rating on the Zacks Rank, indicating strong potential for a breakout [4]. - Earnings expectations for EVER are positive, with six upward revisions and no downward changes in estimates over the past 60 days, leading to an increase in the Zacks Consensus Estimate [4]. Investment Consideration - Given the significant technical indicator and the positive movement in earnings estimates, investors are encouraged to consider adding EVER to their watchlist [6].
Should You Buy Southern Missouri Bancorp (SMBC) After Golden Cross?
ZACKS· 2025-12-12 15:56
Core Viewpoint - Southern Missouri Bancorp, Inc. (SMBC) shows potential as a stock pick due to a recent "golden cross" event, indicating a bullish trend may be forthcoming [1][2]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), suggesting a bullish breakout [2]. - The formation of a golden cross typically follows a downtrend, a bottoming out, and then a trend reversal leading to higher prices [3]. Performance Metrics - SMBC has experienced a price rally of 12.2% over the past four weeks, indicating strong momentum [4]. - The company currently holds a 2 (Buy) rating on the Zacks Rank, suggesting favorable market sentiment [4]. Earnings Outlook - There has been one upward revision in earnings estimates for SMBC over the past 60 days, with no downward revisions, reflecting a positive earnings outlook for the current quarter [4]. - The Zacks Consensus Estimate for SMBC has also increased, further supporting the bullish case for the stock [4][5]. Investment Consideration - The combination of positive earnings estimate revisions and the technical breakout signals suggests that investors should monitor SMBC for potential gains in the near future [5].
Berkshire's stock presents Buffett with a ‘golden cross' as his retirement nears
MarketWatch· 2025-10-21 22:57
Core Insights - Shares of Berkshire Hathaway have formed a bullish "golden cross" chart pattern, indicating potential upward momentum in the stock price [1] Company Summary - The formation of the "golden cross" pattern occurs less than three months before Warren Buffett is set to retire, which may influence investor sentiment and stock performance [1]
Johnson & Johnson (JNJ) Upgraded to "Buy" by Johnson Rice
Financial Modeling Prep· 2025-09-23 11:00
Core Viewpoint - Johnson & Johnson has been upgraded to a "Buy" rating, reflecting strong market performance and growth potential in its various segments [1] Group 1: Market Performance - Johnson & Johnson's market capitalization has increased by $63 billion over the past three months, driven by a 17.7% rise in share price [2][6] - The stock is currently priced at $174.21, with a slight decrease of 1.12%, and has fluctuated between a low of $174.12 and a high of $176.64 today [5] Group 2: Sales Growth - Innovative Medicine sales increased by 2.4%, despite the expiration of Stelara's patent, indicating the company's resilience and innovation [2][6] - MedTech sales rose by 6.1%, supported by contributions from Abiomed, Shockwave, and new product launches, highlighting the company's expanding market presence [3][6] Group 3: Technical Analysis - The stock has shown strong technical performance, consistently trading above its 50-day and 200-day moving averages since mid-June, with a "golden cross" occurring in mid-July [4]
Trip.com (TCOM) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2025-09-10 14:56
Group 1 - Trip.com Group Limited Sponsored ADR (TCOM) has reached an important support level and is considered a good stock pick from a technical perspective [1] - TCOM recently experienced a "golden cross," where its 50-day simple moving average broke above its 200-day simple moving average, indicating a potential bullish breakout [1][2] - The stock has seen a price increase of 22% over the past four weeks, and it currently holds a 2 (Buy) rating on the Zacks Rank, suggesting a potential breakout [4] Group 2 - A golden cross consists of three stages: a downtrend that bottoms out, a crossover of the shorter moving average above the longer moving average, and continued upward momentum [3] - The positive earnings outlook for TCOM further supports the bullish case, with three earnings revisions higher and no downward revisions in the past two months [4] - Investors are encouraged to consider adding TCOM to their watchlist due to the significant technical indicator and positive earnings estimate movement [6]
Stellar's XLM Token Gains 4% as Technical Indicators Signal Institutional Interest
Yahoo Finance· 2025-09-09 12:35
Market Activity - Stellar's XLM token experienced a significant rally, increasing 4% from $0.37 to $0.38 due to heavy institutional flows, with trading volume reaching 90.25 million tokens, more than double the 24-hour average [1] - A resistance level was identified at $0.39 as corporate accounts began consolidating, with analysts noting the $0.38–$0.39 range as a zone of institutional accumulation, indicating growing corporate treasury interest in blockchain-linked assets [1][2] Technical Analysis - Following the breakout, XLM entered a low-volatility consolidation phase, maintaining a tight trading band around $0.38, which is crucial for corporate treasurers seeking predictable price ranges for digital asset allocations [2] - The emergence of golden cross patterns has enhanced the token's credibility among institutional investors, suggesting potential long-term accumulation patterns suitable for corporate investment committees [7] Regulatory Developments - Regulatory changes, including Paxos's filing to issue a USDH stablecoin on Stellar's infrastructure, are influencing corporate finance teams' blockchain strategies, aiming to position Stellar as a regulated payments network for enterprises [3] - The GENIUS Act has faced criticism from banking associations but is viewed by corporate legal departments as a step toward regulatory clarity, potentially accelerating corporate adoption of blockchain-based cross-border payments [4] Institutional Interest - A trading volume surge of 85% to $333.21 million reflects increased institutional market participation and corporate treasury interest [7] - Support levels established at $0.37-$0.38 provide defined risk parameters for corporate treasurers, while the consolidation phase between $0.38-$0.39 suggests strategies for institutional accumulation ahead of potential corporate adoption announcements [7]