Energizer Stock Trading Above 200 & 50-Day SMA: How to Play the Stock?
Energizer (ENR) ZACKS·2024-10-03 19:36
Energizer Holdings Inc. (ENR) has demonstrated strong upward momentum, trading above its 200-day and 50-day simple moving averages (SMA). SMA is a key indicator of price stability and long-term bullish trends. ENR closed yesterday's trading session at $31.71, ahead of its 200-day and 50-day SMA of $29.39 and $30.13, respectively. This technical strength, along with sustained momentum, reflects positive market sentiment and investor confidence in ENR's financial health and growth prospects. Shares of the com ...