50/200-day MA Crossovers for Friday (UGI,NUVA,PHMD,GLW,COMV)
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.
UGI Corp (UGI) is currently trading at $29.3. Its 52 week range is between $24.07 and $33.12.
NuVasive Inc (NUVA) is currently trading at $20.67. Its 52 week range is between $11.02 and $34.91.
PhotoMedex Inc (PHMD) is currently trading at $18.18. Its 52 week range is between $9.1 and $18.44.
Corning Inc (GLW) is currently trading at $13.31. Its 52 week range is $11.51 and $21.14.
Comverge Inc (COMV) is currently trading at $1.8. Its 52 week range is between $1.03 and $4.45.
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
- These Are Times Of General Corruption | ZeroHedge
- Holland's Wilders Slams "Moroccan Scum" As Paris Over-run By Antifa | ZeroHedge
- Visualizing The Stunning Truth About How Students Are Spending Loan Cash | ZeroHedge
- Bianco: Trump Will Bring More Inflation Than Real Growth | Financial Sense
- Trump Slams 'Fake News' Lies That Sweden's Mass Immigration "Is Working Out Just Beautifully" | ZeroHedge
- Trump Supporters Rally In Downtown Atlanta With Semi-Automatic Weapons | ZeroHedge
- Russian Ambassador To UN Vitaly Churkin Has "Died Suddenly" In New York | ZeroHedge
The most relevant financial news and articles from the Internets
- Asia is a golden opportunity for Trump when it comes to oil... | Business Insider
- 4 billion years of technology in one infographic | Business Insider
- Step inside Slack's light-drenched New York City office | Business Insider
- The chief economist... | Business Insider
- 2012 Honda CR-V | BusinessWeek
- Amazon drops a hint about how many people are signed... | Business Insider
- We took a 1,000-horsepower electric luxury sedan for a spin on the streets of Silicon Valley | Business Insider