Core & Main (CNM) Recently Broke Out Above the 200-Day Moving Average

Zacks12-23 22:30

Core & Main (CNM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CNM crossed above the 200-day moving average, suggesting a ...

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Recently, CNM crossed above the 200-day moving average, suggesting a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/core-main-cnm-recently-broke-143002121.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2125910179.SGD","symbol_name":"Natixis Thematics Water H-R/A SGD","start_time":0,"source_url":"https://finance.yahoo.com/news/core-main-cnm-recently-broke-143002121.html","article_id":"2493764760","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/e0VWXB5.wUFiKGuJPPpLzg--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/a7cdcede0bb5a646be035f4a7e678781"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493764760","pubTimestamp":1734964202,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Core & Main  is looking like an interesting pick from a technical perspective, as the company reached a key level of support. 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There have been 3 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well.Investors may want to watch CNM for more gains","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2125910179.SGD":"Natixis Thematics Water H-R/A SGD","BK4539":"次新股","CNM":"Core & Main, Inc.","IE0009354923.USD":"JANUS HENDERSON US VENTURE \"A2\" (USD) ACC","LU2125910336.SGD":"Natixis Thematics Water R/A SGD","BK4104":"贸易公司与经销商","LU1923621640.USD":"Natixis Thematics Water R/A USD"},"translate_title":"Core&Main(CNM)最近突破200日移动平均线","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNM":1},"content_text":"Core & Main (CNM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CNM crossed above the 200-day moving average, suggesting a long-term bullish trend.\nThe 200-day simple moving average is widely-used by traders and analysts, and helps establish market trends for stocks, commodities, indexes, and other financial instruments over the long term. The indicator moves higher or lower together with longer-term price moves, serving as a support or resistance level.\nShares of CNM have been moving higher over the past four weeks, up 11.6%. Plus, the company is currently a Zacks Rank #3 (Hold) stock, suggesting that CNM could be poised for a continued surge.\nThe bullish case only gets stronger once investors take into account CNM's positive earnings estimate revisions. There have been 3 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well.\nInvestors may want to watch CNM for more gains in the near future given the company's key technical level and positive earnings estimate revisions.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCore & Main, Inc. (CNM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493764760"}