A golden cross is a chart pattern in which a stock's 50-day moving average moves above its 200-day average.
Given the more volatile backdrop, CNBC Pro screened FactSet for stocks that are forming or approaching a golden cross pattern.
The health-care stock has a 50-day moving average of $103.31 and is approaching its 200-day moving average of $104.14.
MarketAxess Holdings Meanwhile, the 50-day moving average of $230.11 for MarketAxess Holdings has already surpassed its 200-day moving average of $228.36, indicating possible future gains.
Its 50-day moving average of $218.04 has also already passed its 200-day moving average of $215.18.
Persons:
paring, Cardinal Health's
Organizations:
Dow Jones, Nasdaq, CNBC Pro, Health, Holdings, MarketAxess Holdings, SBA Communications SBA Communications, SBA
Locations:
Wednesday's