This Foreboding Sign Looms Over SolarEdge Technologies's Chart
Portfolio Pulse from Benzinga Insights
A 'death cross' has formed on the chart of SolarEdge Technologies (NASDAQ:SEDG), which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day moving average, suggesting a possible change in the long-term trend. The company's past and upcoming earnings expectations are also provided.
June 30, 2023 | 2:48 pm
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The formation of a 'death cross' on SolarEdge Technologies' chart could indicate a bearish trend for the stock. This, combined with the company's earnings expectations, could influence investor decisions.
The 'death cross' is a technical indicator that suggests a bearish trend for a stock. This, combined with the company's earnings expectations, could influence investor sentiment and potentially lead to a decrease in the stock's price in the short term.
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