Constellation Energy Corporation (CEG) Recently Broke Out Above the 50-Day Moving Average
CEGstellation Energy (CEG) ZACKS·2024-09-02 22:30

From a technical perspective, Constellation Energy Corporation (CEG) is looking like an interesting pick, as it just reached a key level of support. CEG recently overtook the 50-day moving average, and this suggests a short-term bullish trend. One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first m ...