5 Stocks Breakout a Key Moving Average Today

Inside this article you find companies with a potential buy signal according to one of the most used tools, simple moving average. In particular, the Moving Average Breakout Chart Patterns:

  • Simple Moving Average 50-day BREAKOUT
  • Simple Moving Average 200-day BREAKOUT

None of the patterns below guarantee success because there may be false breakouts. The purpose of this analysis is purely informative.

Simple Moving Averages (50-day or 200-day) BREAKOUT

The simple moving average of an instrument is given by the average of the closing prices of a number of past trading sessions. A potential buy signal is generated when the price of a financial instrument rises above a simple moving average calculated over a period of key days (50-day (red line) or 200-day (black line)), indicating the potential start or continuation of a positive trend.

Abiomed Inc (ABMD)

MArsh & Mclennan Co (MMC)

Alphabet Inc (GOOG)

Salesforce.com Inc (CRM)

Automatic Data Processing Inc (ADP)

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*Charts by tradingview.com

DISCLAIMER: The information in this blog post represents my own analysis/opinions and does not contain a recommendation for any particular security or investment. Stocks trading involves substantial risk of loss and is not suitable for every investor. Trade responsibly.