Leidos (LDOS) Just Overtook the 200-Day Moving Average
Leidos(LDOS) ZACKS·2024-09-06 22:30
Leidos (LDOS) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, LDOS broke through the 200-day moving average, which suggests a long-term bullish trend. A useful tool for traders and analysts, the 200-day simple moving average helps determine long-term market trends for stocks, commodities, indexes, and other financial instruments. It moves higher or lower in conjunction with longer-term price performance, and serves as a support or resistanc ...