The death cross has come calling for some stocks.
A death cross is a price chart pattern that forms when a stock's 50-day moving average crosses below its 200-day moving average.
A handful of stocks, ranging from well-known food names to a lesser-known energy company, are close to drawing a death cross.
But analysts are bullish on the stock, according to LSEG, with an average rating of buy and price target implying shares could rally more almost 20%.
BlackRock also made a death cross and is similarly down more than 9% on the year.
Persons:
Smucker, McCormick, Alejandro Zamacona, BlackRock, Craig Siegenthaler, bode, — CNBC's Michael Bloom, Fred Imbert
Organizations:
CNBC Pro, PepsiCo, Pepsi, Hostess Brands, McCormick, Bank of America, Federal, BlackRock
Locations:
U.S, LSEG