In the Nifty500 pack, 10 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on August 7, 2026, according to stockedge.com’s technical scan data. Traders use the 200-day daily moving average (DMA) as a key indicator to determine a stock’s overall trend. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef
October 28, 2026