Iamgold (IAG) Just Reclaimed the 20-Day Moving Average
IAMGOLD(IAG) ZACKS·2024-09-06 22:36
From a technical perspective, Iamgold (IAG) is looking like an interesting pick, as it just reached a key level of support. IAG recently overtook the 20-day moving average, and this suggests 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 shortterm price trends and shows more trend reversal signals than longer-ter ...