Sunday, April 23, 2023
Positive Breakout: These 6 stocks crossed their 200 DMAs
Positive Breakout: These 6 stocks crossed their 200 DMAs https://ift.tt/Q4ljvXc the Nifty500 pack, six stocks' prices crossed their 200 DMAs (Daily Moving Averages) on April 21, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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