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Death Crossovers: These 3 stocks signal further bearishness on Feb 17

Feb 17, 2025, 08:11:00 AM IST

Bearish Signs

In the Nifty500 pack, three stocks are witnessing Death Crossovers, according to stockedge.com's technical scan data.

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What is a death cross?

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What is a death cross?

The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks' 50-day SMA crossed below their 200-day SMAs on February 14. Take a look:

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Natco Pharma

CMP: Rs 883.2 | 50-Day SMA: Rs 1298.33 | 200-Day SMA: Rs 1307.31

ETMarkets.com

Vedanta

CMP: Rs 413.35 | 50-Day SMA: Rs 453.6 | 200-Day SMA: Rs 454.93

ETMarkets.com

Sumitomo Chemical India

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Sumitomo Chemical India

CMP: Rs 470.95 | 50-Day SMA: Rs 510.95 | 200-Day SMA: Rs 511.34

ETMarkets.com

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