Death Cross Looms Over Aptiv Investors
Portfolio Pulse from Benzinga Insights
A death cross has formed on Aptiv's (NYSE: APTV) chart, indicating a potential bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average. Aptiv is trading around $92.24 at publication time.
June 02, 2023 | 2:49 pm
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A death cross has formed on Aptiv's chart, suggesting a potential bearish trend for the stock. Aptiv is trading around $92.24.
The death cross is a technical indicator that occurs when the 50-day moving average moves below the 200-day moving average, suggesting a potential bearish trend for the stock. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100