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Business

Negative Breakout: These 11 stocks cross below their 200 DMAs

The Economic Times ·

In the Nifty500 pack, 11 stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on August 31, according to stockedge.com's technical scan data.

Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line.

Traders use the 200 DMA as a key indicator to determine a stock's overall trend.

Take a look:​

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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