Advertisement
Canada markets close in 1 hour 28 minutes
  • S&P/TSX

    21,864.79
    +136.24 (+0.63%)
     
  • S&P 500

    5,059.90
    +41.51 (+0.83%)
     
  • DOW

    38,194.50
    +291.21 (+0.77%)
     
  • CAD/USD

    0.7314
    +0.0032 (+0.45%)
     
  • CRUDE OIL

    78.80
    -0.20 (-0.25%)
     
  • Bitcoin CAD

    80,836.41
    +1,553.34 (+1.96%)
     
  • CMC Crypto 200

    1,277.37
    +6.63 (+0.52%)
     
  • GOLD FUTURES

    2,314.40
    +3.40 (+0.15%)
     
  • RUSSELL 2000

    2,009.97
    +29.74 (+1.50%)
     
  • 10-Yr Bond

    4.5790
    -0.0160 (-0.35%)
     
  • NASDAQ

    15,819.18
    +213.70 (+1.37%)
     
  • VOLATILITY

    14.78
    -0.61 (-3.96%)
     
  • FTSE

    8,172.15
    +50.91 (+0.63%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • CAD/EUR

    0.6816
    +0.0023 (+0.34%)
     

Moving Average Crossover: Great News for API Technologies (ATNY)?

API Technologies Corp (ATNY) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ATNY broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 5.1% in the past four weeks. Plus, the company currently has a Zacks Rank #5 (Strong Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.




API TECH CORP (ATNY): Free Stock Analysis Report


Zacks Investment Research