50/200-day MA Crossovers (DD,WM,TWI,POL,MU)
What's a Bullish 50/200-day MA Crossover?
The 50 day and 200 day moving average crossover is a heavily used tool to emphasize the trend and smooth out of price movements. It is often thought that a stock that has a price trading above its 50 day moving average and if the 50 day moving average is above the 200 day moving average, then the stock is healthy and should continue upward in the near future.
The 50 day and 200 day moving averages are also used as support and resistance areas. When trading above, they act as support, which can give you an extra edge in your trades.
E I du Pont de Nemours and Co (DD) is currently trading at $50.53. Its 52 week range is between $37.1 and $57.
Waste Management Inc (WM) is currently trading at $34.42. Its 52 week range is between $27.75 and $39.69.
Titan International Inc (TWI) is currently trading at $24.97. Its 52 week range is between $12.97 and $31.42.
Polyone Corp (POL) is currently trading at $14.71. Its 52 week range is $9.54 and $16.61.
Micron Technology Inc (MU) is currently trading at $8.46. Its 52 week range is between $3.97 and $11.89.
MASTERY Bottom line:
Moving average crossover systems can be very effective, however, they should be used with other aspects of technical analysis (candlesticks, momentum, volume, etc.). While it is easy to find a system that has worked well in the past, there's no guarantee that it will work in the future..
Best of the Blogs
Scanning and identifying the best blog entries every hour
- China’s Rate Cut Insufficient: Investors Expect More PBoC Stimulus and Yuan Devaluation | Financial Sense
- The Global War On Pensioners | ZeroHedge
- SaVinG PRiVaTe EmaiLS | ZeroHedge
- Financial Collapse Leads To War | ZeroHedge
- Treasury 'Short Overhang' Lifts After Actavis Prices 2nd Largest Bond Issue Ever | ZeroHedge
- The Psychology of a Sideways Trend | Financial Sense
- Global Bond Yields & Crude Tumble As EURUSD Tests 1.10 | ZeroHedge
The most relevant financial news and articles from the Internets
- A grocery chain no one ever talks about is becoming Whole Foods'... | Business Insider
- From Switzerland to Nigeria, here are the most and least punctual... | Business Insider
- After-Hours... | StreetInsider.com
- ... | StreetInsider.com
- Argentina says the 'vultures' circling overhead have multiplied, and... | Business Insider
- Etsy has communal meals then delivers the compostable waste by bike to a nearby farm... | Business Insider
- Last-gasp Benteke gives Sherwood first win | Business Insider