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Carpenter Technology (CRS) Just Overtook the 50-Day Moving Average
CarpenterCarpenter(US:CRS) ZACKS·2025-10-02 22:31

Carpenter Technology (CRS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CRS broke out above the 50-day moving average, suggesting a short-term bullish trend.One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of ...