BrightSphere Investment Group (BSIG)'s Technical Outlook is Bright After Key Golden Cross
BSIGBrightSphere Investment (BSIG) Zacks Investment Research·2024-02-14 23:56

BrightSphere Investment Group Inc. (BSIG) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BSIG's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross." Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves ...