5 stocks closed above their 200 DMA (Daily Moving Averages) on June 1, 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 uptrend. Take a look:
How will the surge in crude oil prices affect various sectors?
Global crude oil prices are rising. This may impact the profits of several companies. Sectors like refining, paints, and aviation could face challenges. Oil producers