Stocks Crossing 50-Day SMA 09/20: (NIHD) (XCO) (KO) Above; (RIMM) (AKS) (DNDN) Below
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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:
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Crossing and above:
- NII Holdings Inc. (Nasdaq: NIHD) - up 18.0 percent. Higher as CEO Steve Dussek bought 42,402 shares on September 19th.
- EXCO Resources Inc. (NYSE: XCO) - up 3.0 percent. EXCO has been trading in a rather tight range lately, bringing most of the moving averages closer and closer together.
- The Coca-Cola Company (NYSE: KO) - up 0.1 percent. Getting a little boost from peer ConAgra (NYSE: CAG), which issued solid first-quarter results and guidance earlier.
- Research In Motion Limited (Nasdaq: RIMM) - down 3.7 percent. RIM weaker getting back below the $7 support level today.
- AK Steel (NYSE: AKS) - down 5.1 percent. Some negative sentiment continuing in the steel segment this week on expectations that any sort of really isn't sustainable. Click here for more.
- Dendreon Corporation (Nasdq: DNDN) - down 5.7 percent. Disclosed expectations for guidance following previously announced headcount reductions.
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