Death Cross

Death Cross

In charting and technical analysis, a crossover in which a security's long-term moving average falls below its support level or short-term moving average. That is, a death cross is the point on a chart where the long-term moving average price of a security crosses a bearish indicator on the chart. The death cross must be reinforced by high trading volume. The death cross indicates that the security has become bearish and some technical analysts see this is as a time to sell. The death cross becomes the security's resistance level in a rising market.