Positive Breakout: These 9 midcap stocks close cross above their 200 DMAs
In the NSE midcap pack, nine stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on September 1, according to stockedge.com's technical scan data. The 200-day daily moving average (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: Uptrend Signal
In the NSE midcap pack, nine stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on September 1, according to stockedge.com's technical scan data. The 200-day daily moving average (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: Uptrend Signal
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