Superior Group (SGC) Crossed Above the 200-Day Moving Average: What That Means for Investors
SGCSuperior of panies(SGC) ZACKS·2024-11-08 23:30

After reaching an important support level, Superior Group (SGC) could be a good stock pick from a technical perspective. SGC surpassed resistance at the 200-day moving average, suggesting 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 resistance lev ...