Buyer Beware: These 2 Stocks Charts Just Displayed a Death Cross

Both Hertz Global Holdings and Kinross Gold recently formed death cross patterns, a bearish technical signal suggesting further downside price action may follow. Hertz has slashed its profit guidance, faced dilution concerns from a debt and borrowed-share offering, and hit a fresh 52-week low amid a consensus Reduce rating. Kinross Gold has fallen more than 39% since its all-time high as gold prices slumped, though short interest and institutional selling have both increased.

Of all the bearish indicators in technical analysis, there is perhaps none more ominous than the death cross . For beaten-down stocks, the trend confirmation pattern pops up when the short-term 50-day moving average crosses beneath the long-term 200-day moving average, suggesting more downside price action may be ahead. And while sharp pullbacks and corrections can often indicate a looming price bottom, potential reversal, and trigger a buying opportunity, the death cross—in many instances—can signal that bearish momentum is strengthening.

Hertz Global Holdings NASDAQ: HTZ and Kinross Gold NYSE: KGC , as sentiment, ratings, and fundamentals support what the death cross has already suggested. For investors on the hunt for value buys, consider leaving these two stocks off your watchlist.

Hertz: Dilution, Depreciation, and a Slashed Profit Outlook Hertz Global Today HTZ Hertz Global $2.17 +0.20 (+10.15%) As of 07/9/2026 04:00 PM Eastern 52-Week Range $1.93 ▼ $8.44 Price Target $4.75 Add to Watchlist Hertz has been here before, and not long ago. The previous instance of a death cross pattern on Hertz’s one-year chart was on Nov. 28. That was followed by a 26% loss before the stock bottomed and rallied through its year-...