Positive Breakout: IEX and 2 other stocks cross above their 200 DMA

In the Nifty500 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on September 08, according to stockedge.com's technical scan data.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrendIn the Nifty500 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on September 08, according to stockedge.com's technical scan data.