Cal-Maine Foods (CALM) Just Overtook the 50-Day Moving Average

Cal-Maine Foods (CALM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CALM broke out above the 50-day moving average, suggesting a short-term bullish trend.One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an ...