Notable Stocks Forming Death/Golden Crosses for 12/24: (AAPL) (MO) (BA) (RIMM)

December 24, 2012 11:45 AM EST Send to a Friend
The following is a list of stocks showing the famed "death cross," or when a shorter-term moving average crosses and moves below a longer-term one. (We'll be doing a "golden cross," too, which is the reverse indicator.) Charts are viewed on a one-year time frame and we're using 50- and 200-day SMA as measures.

Finally, the crosses don't happen often, so we're just going by stocks that have made the move recently.

Showing a death cross include:

* Apple, Inc. (Nasdaq: AAPL) - moved below on December 7th. Shares are down 5 percent since.

* Express Scripts (Nasdaq: ESRX) - made the cross on December 19th. Shares are about 0.8 percent lower over the last few sessions.

* Bristol-Myers Squibb (NYSE: BMY) - crossed under in early November and the gap between the 50- and 200-day SMA has been widening since.

* Coca-Cola (NYSE: KO) - moved below on December 4th. Down 1.2 percent since.

* Altria (NYSE: MO) - also moved below around December 4th. Altria is down 4.1 percent following the shift.

Stocks forming a "golden cross":

* Research In Motion (Nasdaq: RIMM) - moved above way back on December 19th after powering higher for a few months.

* Nokia Oyj (NYSE: NOK) - crossed above on December 20th. Shares of Nokia have more than doubled since July, when the stock traded near $1.60 or so.

* Green Mountain (Nasdaq: GMCR) - moved above last Friday. Shares rose above the key $30 resistance level recently following quarterly results.

* Peabody (NYSE: BTU) - moved above just about December 11th. The coal segment has been pressured, but it appears that Peabody is finding some traction for now. There's definitely an upward trend going on.

* Boeing (NYSE: BA) - saw the cross on December 17th. Boeing has been strong above the $74 level, a point which investors hope provides some support as Boeing looks to improved productivity and get airplanes into the hands of customers sooner.




You May Also Be Interested In


Related Categories

Technicals, Trader Talk

Add Your Comment