JinkoSolar Holding (JKS) Shares Cross Above 200 DMA

Shares of JinkoSolar (JKS) crossed above their 200-day moving average of $24.69 and traded as high as $25.91, reflecting an intraday gain of about 7.3%. The move above the 200-day MA is a bullish technical signal that likely reflects short-term positive investor sentiment toward the renewable-energy name.

Analysis

Shares of JinkoSolar (JKS) crossed above their 200-day moving average of $24.69 and traded as high as $25.91, reflecting an intraday gain of about 7.3%. The move above the 200-day MA is a bullish technical signal that likely reflects short-term positive investor sentiment toward the renewable-energy name.