From Nasdaq: 2025-02-24 07:45:00

The 200-day simple moving average (SMA) is a key technical signal for traders, indicating stock sentiment. When a stock is above its 200-day SMA, it may be overbought, and vice versa. Despite this, some stocks defy the pattern. Three stocks are currently below their 200-day SMAs, with potential catalysts for growth.

FCX stock, despite being below its 200-day SMA and near a 52-week low, may see an upswing. With a base of support around its 50-day SMA, recent news of copper concentrate shipment resumption in Indonesia could boost the stock. Analysts are watching for a breakout after recent declines.

Generac Holdings Inc. (GNRC) reported strong earnings due to stormy weather causing power outages. GNRC stock, in decline since December, is now consolidating near its 10-day SMA. Concerns about future interest rate cuts and energy policies have pressured the stock, but optimism remains for future growth.

Cameco Corp. (CCJ), the largest uranium company, is poised for growth post-earnings. Despite being down 8% in 2025, CCJ stock is consolidating around its 200-day moving average. Earnings expectations for significantly higher revenue and earnings year-over-year suggest a positive outlook for the stock.



Read more at Nasdaq:: 3 Oversold Stocks Flashing a Key Technical Breakout Signal