Endeavour Silver Corp (EXK)

[Soco54]

“Endeavour Silver Corp. EXK could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for EXK broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 17% in the past four weeks. And with the recent moving average crossover, investors have to think that more unfavorable trading is ahead for EXK stock.

If that wasn’t enough, EXK isn’t looking too great from an earnings estimate revision perspective either. It appears as though many analysts have been reducing their earnings expectations for the stock lately, which is usually not a good sign of things to come.”

https://finance.yahoo.com/news/moving-average-crossover-alert-endeavour-125312136.html