On a downhill

In the Nifty500 pack, 5 stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on March 11, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look: