The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
Golden Crossovers: Siemens among 4 stocks signaling further bullishness
These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on December 21.
Taking Stock: Sensex, Nifty back in business; investors grew richer by Rs 4 lakh crore
Investor wealth, reflected by the total market cap of BSE-listed companies, rose by Rs 4.18 lakh crore today taking the overall valuation to Rs 354.38 lakh croreMid-day Mood | Silence after a storm as Sensex, Nifty trade flat
Going ahead, analysts anticipate the market to go through a phase of consolidation as the upcoming holiday season kicks in, which according to most will present a healthy break after the recent weeks of bull run.Big movers on D-Street: What should investors do with Paytm, Varun Beverages and Astral?
Stocks that were in focus included names like Paytm, which fell 1.08%, Varun Beverages, which rose 6.62%, and Astral, whose shares declined 2.19% on Wednesday.
Asia stocks fall as Wall Street rally stalls
Asian shares fell on Thursday after Wall Street snapped a long winning streak, while Treasury yields were near five-month lows on hopes Britain’s notably soft inflation reading would be echoed in looming U.S. price data.
Gold prices gain on softer dollar, Treasury yields
Gold prices edged higher on Thursday, helped by a softer dollar and lower Treasury yields as traders looked forward to November U.S. inflation data due out on Friday for more clues on the Federal Reserve’s monetary policy outlook.
Taking Stock: Market plunges after hitting new highs; mid, smallcaps tumble
The biggest Nifty losers included Adani Ports, Adani Enterprises, UPL, Tata Steel and Coal India, while the gainers were ONGC, Tata Consumer Products, Britannia Industries and HDFC Bank.4 stocks close crossing below VWAP on December 19
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.
FedEx profit misses, cuts full-year revenue forecast; shares sink
FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts’ targets on Tuesday, sending shares tumbling 9.8%, as its largest Express business saw demand from the U.S. Postal Service drop.