Death Cross Chart Pattern

A death cross is a technical chart pattern that occurs when a security's short-term moving average crosses below its long-term moving average. This is often seen as a bearish signal for investors, indicating that the security's price has been in a downtrend. Traders use the death cross as a potential signal to sell their positions or consider shorting the security in anticipation of further declines. However, while the death cross can be a useful tool for timing trades, it is important to remember that no single indicator can predict market movements with certainty. It is always best to use multiple indicators and thorough analysis before making any investment decisions based on technical patterns like the death cross.

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Symbol Exchange Name MCAP Price Change PE Ratio Yield
BAK NYSE Braskem SA ADR 1.51B 3.78 0.80 0.00 0.00
BBD NYSE Banco Bradesco Sa American Depositary Shares 41.67B 3.94 -1.01 0.00 0.00
AQN NYSE Algonquin Power & Utilities Corp. Common Shares 5.02B 6.53 0.62 0.00 0.00
ABR NYSE Arbor Realty Trust Inc 1.42B 7.26 1.26 0.00 0.00
LILA NASDAQ Liberty Latin America Ltd 1.55B 7.76 -4.08 0.00 0.00
LILAK NASDAQ Liberty Latin America Ltd. - Class C Common Stock 1.62B 8.12 0.25 0.00 0.00
WU NYSE The Western Union Co 2.99B 9.54 1.87 0.00 0.00
CARS NYSE Cars.com Inc 0.63B 10.50 -1.04 0.00 0.00
FMC NYSE FMC Corp 1.71B 13.72 0.44 0.00 0.00
F NYSE Ford Motor Co 57.57B 14.43 1.62 0.00 0.00
VOD NASDAQ Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares 35.86B 15.49 2.49 0.00 0.00
AES NYSE The AES Corp 11.66B 16.37 -0.85 0.00 0.00
CAG NYSE Conagra Brands Inc 8.57B 17.92 1.33 0.00 0.00
HPQ NYSE HP Inc 17.80B 19.39 2.76 0.00 0.00
HOG NYSE Harley-Davidson Inc 2.39B 20.20 2.52 0.00 0.00
BAX NYSE Baxter International Inc 10.67B 20.73 0.49 0.00 0.00
BWX AMEX SPDR Bloomberg International Treasury Bond ETF 1.79B 22.84 -0.66 0.00 0.95
IPG NYSE The Interpublic Group of Companies Inc 8.93B 24.57 -1.96 0.00 0.00
FL NYSE Foot Locker Inc 2.53B 26.49 0.23 0.00 0.00
AGIO NASDAQ Agios Pharmaceuticals Inc 1.59B 27.10 0.60 0.00 0.00
CPB NYSE Campbell Soup Co 8.26B 27.71 -0.58 0.00 0.00
AMPH NASDAQ Amphastar Pharmaceuticals Inc 1.28B 27.84 0.60 0.00 0.00
CMCSA NASDAQ Comcast Corp 110.63B 30.75 -0.68 0.00 0.00
AMRC NYSE Ameresco Inc 1.63B 30.95 1.61 0.00 0.00
LKQ NASDAQ LKQ Corp 8.25B 32.34 -2.33 0.00 0.00
BTU NYSE Peabody Energy Corp 3.94B 32.39 -1.72 0.00 0.00
BEP NYSE Brookfield Renewable Partners L.P. 9.91B 32.40 0.72 0.00 0.00
HP NYSE Helmerich & Payne Inc 3.41B 33.51 2.72 0.00 0.00
MUR NYSE Murphy Oil Corp 4.84B 33.89 2.24 0.00 0.00
HAL NYSE Halliburton Co 29.98B 35.79 1.57 0.00 0.00
MGM NYSE MGM Resorts International 9.56B 37.35 -1.87 0.00 0.00
CMG NYSE Chipotle Mexican Grill Inc 49.34B 37.88 4.36 0.00 0.00
BP NYSE BP p.l.c. Common Stock 98.16B 38.32 -0.25 0.00 0.00
SEE NYSE Sealed Air Corp 6.19B 42.00 0.16 0.00 0.00
CSX NASDAQ CSX Corp 79.11B 42.54 0.75 0.00 0.00
DVN NYSE Devon Energy Corp 26.46B 42.66 0.10 0.00 0.00
OXY NYSE Occidental Petroleum Corp 49.32B 50.01 -1.83 0.00 0.00
AAP NYSE Advance Auto Parts Inc 3.17B 52.70 -2.02 0.00 0.00
AMWD NASDAQ American Woodmark Corp 0.80B 55.16 -3.88 0.00 0.00
CGNX NASDAQ Cognex Corp 9.21B 55.56 -0.84 0.00 0.00
BWA NYSE BorgWarner Inc 12.01B 58.01 0.18 0.00 0.00
MDLZ NASDAQ Mondelez International Inc 76.65B 59.80 -2.19 0.00 0.00
ASH NYSE Ashland Inc 2.74B 59.89 -2.99 0.00 0.00
EIX NYSE Edison International 23.92B 62.17 -0.13 0.00 0.00
ARWR NASDAQ Arrowhead Pharmaceuticals Inc 8.94B 63.86 -0.81 0.00 0.00
FCX NYSE Freeport-McMoRan Inc 93.60B 65.13 2.36 0.00 0.00
PVH NYSE PVH Corp 3.21B 70.12 2.10 0.00 0.00
HOLX NASDAQ Hologic Inc 16.77B 75.10 0.25 0.00 0.00
BCC NYSE Boise Cascade Co 3.01B 84.21 0.71 0.00 0.00
CCI NYSE Crown Castle Inc 38.03B 87.20 0.92 0.00 0.00
ACLS NASDAQ Axcelis Technologies Inc 2.71B 88.07 -4.48 0.00 0.00
BC NYSE Brunswick Corp 5.71B 88.08 1.20 0.00 0.00
PFG NASDAQ Principal Financial Group Inc 19.72B 90.95 0.49 0.00 0.00
NEE NYSE NextEra Energy Inc 192.83B 92.55 1.30 0.00 0.00
ANF NYSE Abercrombie & Fitch Co 4.32B 94.11 0.44 0.00 0.00
AAXJ NASDAQ iShares MSCI All Country Asia ex Japan ETF 3.76B 104.83 -1.66 0.00 3.75
SJM NYSE JM Smucker Co 11.45B 107.31 -1.87 0.00 0.00
COP NYSE ConocoPhillips 132.83B 108.67 -1.22 0.00 0.00
KMB NYSE Kimberly-Clark Corp 36.74B 110.70 1.55 0.00 0.00
CABO NYSE Cable One Inc 0.64B 113.58 1.10 0.00 0.00
WYNN NASDAQ Wynn Resorts Ltd 11.99B 115.35 -0.83 0.00 0.00
TGT NYSE Target Corp 52.37B 115.66 -0.76 0.00 0.00
GPC NYSE Genuine Parts Co 16.31B 118.53 2.04 0.00 0.00
BG NYSE Bunge Global SA 23.50B 121.43 -0.43 0.00 0.00
AWK NYSE American Water Works Co Inc 23.87B 122.30 -1.64 0.00 0.00
EXPD NYSE Expeditors International of Washington Inc 18.85B 140.65 1.32 0.00 0.00
LSTR NASDAQ Landstar System Inc 4.91B 144.15 1.26 0.00 0.00
ARW NYSE Arrow Electronics Inc 7.72B 151.14 -1.77 0.00 0.00
STZ NYSE Constellation Brands Inc 27.57B 158.98 -0.28 0.00 0.00
ALGN NASDAQ Align Technology Inc 11.78B 164.12 -0.49 0.00 0.00
PEP NASDAQ PepsiCo Inc 229.83B 168.17 -0.60 0.00 0.00
IQV NYSE IQVIA Holdings Inc 31.62B 186.33 -3.30 0.00 0.00
TXN NASDAQ Texas Instruments Inc 193.88B 213.63 0.13 0.00 0.00
HSY NYSE The Hershey Co 46.92B 231.50 0.81 0.00 0.00
FSLR NASDAQ First Solar Inc 26.10B 243.21 0.44 0.00 0.00
JNJ NYSE Johnson & Johnson 590.76B 245.14 -0.47 0.00 0.00
ADBE NASDAQ Adobe Inc 106.34B 259.04 0.48 0.00 0.00
UNP NYSE Union Pacific Corp 154.34B 260.10 -0.64 0.00 0.00
UNH NYSE UnitedHealth Group Inc 260.86B 287.98 1.27 0.00 0.00
HII NYSE Huntington Ingalls Industries Inc 15.68B 399.63 -1.53 0.00 0.00
LMT NYSE Lockheed Martin Corp 147.63B 641.63 -0.91 0.00 0.00

Introduction

A death cross is a technical chart pattern indicating the potential for a major selloff in an asset. It occurs when an asset's short-term moving average (such as the 50-day moving average) crosses below its long-term moving average (such as the 200-day moving average). This signal is used by traders and analysts to predict further downturns in the price of the asset.

What Causes a Death Cross?

A death cross occurs when selling pressure increases significantly, causing the asset's short-term moving average to fall below its long-term moving average. This typically happens when investors become bearish on the asset and start offloading their positions, leading to a selloff in the market.

Impact of a Death Cross

When a death cross occurs, it is seen as a bearish signal by traders, analysts, and investors. Many see it as an indication that the asset's price is likely to continue to decline in the near term. This can lead to further selling pressure, potentially pushing the price of the asset even lower.

Conclusion

Death crosses are a powerful technical indicator that can signal a major selloff in an asset. Traders and investors use this pattern to gauge market sentiment and make informed decisions about their positions. While not foolproof, a death cross can be a valuable tool in predicting potential downtrends in the market.

Frequently Asked Questions

Q: How accurate is the death cross indicator?

A: The accuracy of the death cross indicator varies depending on the asset and market conditions. While it can provide valuable insights into potential downturns, it is not always a guarantee of future price movements.

Q: Can a death cross be reversed?

A: Yes, a death cross can be reversed if the asset's price experiences a significant rebound, causing the short-term moving average to rise above the long-term moving average. This can signal a potential uptrend in the market.

Q: How should traders react to a death cross?

A: Traders should use the death cross as one of many tools in their analysis. It is important to consider other indicators and factors before making trading decisions based solely on this pattern.