Monday, November 28, 2022
Death Crossovers: These 5 stocks signal further bearishness | Economic Times
Death Crossovers: These 5 stocks signal further bearishness https://ift.tt/lgwk4Q2 the NSE list of stocks, five stocks with a market cap of over Rs 1,000 crore are witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks' 50-day simple moving averages (SMA) crossed below their 200-day SMAs on November 28. Take a look:
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