Stocks Crossing 50-Day SMA 09/04: (F) (ARNA) (SFD) Above; (NVDA) (ARMH) (CAT) Below

The following is a list of stocks crossing the 50-day simple moving average (SMA) and are either above or below the metric. The 50-day is considered an indicator of a potential near-term trend formation.

Crossing and above:

• Ford Motor Co. (NYSE: F) - up 1.2 percent. Reported strong August sales results. Click here for more.
  
  
• Arena Pharma (Nasdaq: ARNA) - up 2.0 percent. Arena, along with its peers, announced upcoming presentations scheduled for August.
  
  
• Smithfield Foods, Inc. (NYSE: SFD) - up 19.00 percent. Smithfield CVS) - up 1.0 percent. Hanging in a $43 to $46 price range since reporting quarterly results in July, shares are approaching the $46 resistance level Tuesday while moving above the 50-day SMA.

Crossing and below:

• NVIDIA (Nasdaq: NVDA) - down 4.7 percent. Downgraded at Susquehanna from Positive to Neutral today.
  
  
• ARM Holdings (Nasdaq: ARMH) - down 8.2 percent. Falling today amid Deutsche Bank downgrading the stock from Hold to Sell, while cutting its price target to 400 pence.
  
  
• Caterpillar Inc. (NYSE: CAT) - down 2.5 percent. Lower following new data out of China showing further contraction in one of the world's foremost economies. Caterpillar has been ticking lower over the last few weeks on dire sentiment tied to global economic recovery. The machinery giant's 50-day SMA is currently situated at $84.88 as of last Friday's close.

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