Affirm Holdings (AFRM) Crossed Above the 200-Day Moving Average: What That Means for Investors
Affirm(AFRM) zacks.com·2024-05-20 22:31
After reaching an important support level, Affirm Holdings (AFRM) could be a good stock pick from a technical perspective. AFRM surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level.Shares of AF ...