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The average of the closing prices over the past 20 weeks or 100 days is known as a 100-day Simple Moving Average (SMA).

Dashed Trail

In stock market research, the closing price of a stock crossing its 100-day Simple Moving Average (SMA) is noteworthy

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Several stocks crossed their 100 SMA on July 3, 2023.

The closing price of Indiabulls Real Estate stock was Rs 60.75, exceeding its 100 SMA of Rs 60.37.

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The closing price of HFCL stock was Rs. 68.25, exceeding its 100 SMA of Rs. 65.28.

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GAIL shares exceeded its 100 SMA of Rs 105.22 and closing at Rs 106.45.

Bank of India, Vaibhav Global, V-Mart Retail, and Polyplex Corporation stocks all exceeded their 100 SMA.