Death Crossovers: Aegis Logistics among 3 stocks that signal bearishness
1/4
Bearish Signs
In the NSE list of stocks, three stocks with a market cap of over Rs 500 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 SMA crossed below their 200-day SMAs on September 26. Take a look:
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 SMA crossed below their 200-day SMAs on September 26. Take a look:
2/4
Tracxn Technologies
CMP: Rs 74.2 | 50-Day SMA: Rs 78.53 | 200-Day SMA: Rs 78.76
3/4
HLE Glascoat
CMP: Rs 507.9 | 50-Day SMA: Rs 602 | 200-Day SMA: Rs 603.23
Amazon Top Deals
POWERED BY
Crompton Ozone 75 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | 4-Way Air Deflection | High Density Honeycomb Pads | Everlast Pump | Auto Fill| 3 Year Brand Warranty
₹9,798Buy Now43%
OFF
LG 32 L Convection Microwave Oven (MC3286BRUM, Black, 360° Motorised Rotisserie for Bar-be-queing, 301 Auto Cook Menu, Stainless steel cavity, Indian Cuisine, Tandoor Se, Steam Clean & Diet Fry)
₹19,340Buy Now19%
OFF
4/4
Aegis Logistics
CMP: Rs 324 | 50-Day SMA: Rs 359.91 | 200-Day SMA: Rs 360.3