As seen in the chart above, in the 12 months following a crossover above the 200-day moving average, the S&P 500 has posted an average gain of 8.6%, with 70% of occurrences producing positive results.

In trading on Tuesday, shares of American Water Works Co, Inc. (Symbol: AWK) crossed below their 200 day moving average of $137.72, changing hands as low as $134.11 per share.

Dow surges 2.8%, breaks 200-day average for first time since April tariff escalation. By mid-afternoon, the Dow Jones Industrial Average hit 42,385 — its 2nd-best day in 6 months, eclipsed only ...

As seen in the chart above, in the 12 months following a crossover above the 200-day moving average, the S&P 500 has posted an average gain of 8.6%, with 70% of occurrences producing positive results.