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7 ‘Death Cross' Stocks That Could Be Contrarian Buys
CXWCoreCivic(CXW) Investor Place·2024-07-18 02:29

Death cross stocks – on the surface, the title sounds incredibly menacing. However, it may be one of the more misunderstood concepts. By the end of this short introduction, you'll view this indicator in a more nuanced manner. Simply put, the death cross signal flashes when a shorter-term moving average (typically the 50-day moving average) slips below the longer-term average (usually the 200 DMA). What it indicates is that more recent price action has been volatile compared to the longer-running dynamic. So ...