The “Golden Cross” is a major bullish technical indicator. It occurs when a stock's 50-day simple moving average crosses above its 200-day simple moving average. The “Golden Cross,” like most technical indicators, should never be used alone, but is a significant event to consider when evaluating a stock's future prospects.
The following stocks had a “Golden Cross” occur in Friday's trading session:
1) PAETEC Holding PAET: Shares of PAETEC have gained 4% since the beginning of
June. The stock has a 52-week high of $4.95, which was set on June 8th.
The “Death Cross” is a major bearish technical indicator. It occurs when a stock's 50-day simple moving average crosses below its 200-day simple moving average. This “Death Cross,” like most technical indicators, should never be used alone, but is a significant event to consider when evaluating a stock's future prospects.
The following stocks had a “Death Cross” occur in Friday's trading session:
1) E*TRADE Financial ETFC: Shares of E*Trade have lost 13% since the beginning of June. The stock has a 52-week low of $11.12, which was set on July 1st.
2) Blue Nile NILE: Shares of Blue Nile have lost 14% since the beginning of June. The stock has a 52-week low of $40.70, which was set on August 31st.
3) Schnitzer Steel Industries SCHN: Shares of Schnitzer Steel Industries have lost 11% since the beginning of June. The stock has a 52-week low of $36.96, which was set on July 2nd.
4) Cleveland BioLabs CBLI: Shares of Cleveland Biolabs have lost 19% since the beginning of June. The stock has a 52-week low of $2.99, which was set on July 8th.
5) Agrium AGU: Shares of Agrium have lost 9% since the beginning of June. The stock has a 52-week low of $47.90, which was set on July 1st.
6) Actuant ATU: Shares of Actuant have lost 2% since the beginning of June. The stock has a 52-week low of $17.44, which was set on July 7th.
7) Starwood Hotels & Resorts Worldwide HOT: Shares of Starwood Hotels & Resorts have lost 15% since the beginning of June. The stock has a 52-week low of $39.40, which was set on July 1st.
8) LG Display LPL: Shares of LG Display have lost 21% since the beginning of June. The stock has a 52-week low of $13.00, which was set on June 17th.
9) SunTrust Banks STI: Shares of SunTrust Banks have lost 7% since the beginning of June. The stock has a 52-week low of $21.76, which was set on July 1st.
10) Stillwater Mining SWC: Shares of Stillwater Mining have lost 6% since the beginning of June. The stock has a 52-week low of $10.52, which was set on June 30th.
11) Grupo Televisa S.A. (NYSETV): Shares of Grupo Televisa have lost 2% since the beginning of June. The stock has a 52-week low of $24.15, which was set on June 13th.
12) Willbros Group WG: Shares of Willbros Group have lost 22% since the beginning of June. The stock has a 52-week low of $6.80, which was set on August 24th.
13) Sterlite Industries SLT; Shares of Sterlite Industries have lost 10% since the beginning of June. The stock has a 52-week low of $12.60, which was set on August 31st.
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