Positive Breakout: These 6 stocks close cross above their 200 DMAs
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25.11.2024
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![Positive Breakout: These 6 stocks close cross above their 200 DMAs](https://image.posta.com.tr/i/posta/75/0x0/659a6e2def4863c79d872304.jpg)
In the NSE large-cap pack, six stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on November 22, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look: