Sylvamo Corporation (SLVM) Just Flashed Golden Cross Signal: Do You Buy?
SLVMSylvamo (SLVM) ZACKS·2024-08-12 22:36

After reaching an important support level, Sylvamo Corporation (SLVM) could be a good stock pick from a technical perspective. SLVM surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer- ...