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MarketBeat
MarketBeat
Jessica Mitacek

These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern

Technical indicators aren’t crystal balls, but when a death cross emerges on a stock’s chart, it tends to catch investors’ attention. The bearish pattern—which shows up when the 50-day moving average crosses under its 200-day moving average—can serve as a sign of more trouble ahead.

For the following three stocks, that technical weakness recently popped up on their respective one-year charts. And for investors who are keeping an eye on their respective sectors, the pattern hints at weakening consumer spending, a waning appetite for speculative tech stocks, and inflation-squeezed consumer staples.

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