ICF International (ICFI)'s Technical Outlook is Bright After Key Golden Cross
ICF International(ICFI) ZACKS·2024-08-08 22:56
ICF International, Inc. (ICFI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ICFI's 50- day simple moving average broke out above its 200-day moving average; this is known as a "golden cross." Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and ...