Pinterest Stock Poised For A Golden Cross, Time To Go Bullish?

Quick Summary:

Pinterest Inc.(NYSE:PINS) is on the verge of forming a Golden Cross — a bullish technical signal that occurs when the 50-day simple moving average (SMA) rises above the 200-day SMA.

This shift in momentum suggests Pinterest stock could be setting up for a bullish breakout.

While the stock has been in a downtrend, falling nearly 19% in the past month, buying pressure is beginning to emerge.

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Technicals Top Stories Social Media Tech Signals Trading Ideas Stories That Matter Golden Cross PINS Pro Project Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 17:48:20 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 232 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27100937

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Official Website: benzinga.com

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