Chewy (CHWY) Just Overtook the 20-Day Moving Average
CHWYChewy(CHWY) ZACKS·2024-09-11 22:35

From a technical perspective, Chewy (CHWY) is looking like an interesting pick, as it just reached a key level of support. CHWY recently overtook the 20-day moving average, and this suggests a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.Similar ...