Below 200-Day MA

46 stocks matched · Updated daily after market close

When a stock's price falls below its 200-day moving average it enters long-term bearish territory. Institutional investors often reduce or eliminate positions when this occurs. This screen is useful for risk management — identifying stocks in structural downtrends that may not be suitable for buy-and-hold strategies until the trend reverses with a confirmed close back above the MA 200.

Below 200-Day MA — 46 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	RSI	MA 50	MA 200
GUINEA INSURANCE PLC. GUINEAINS	FINANCIAL SERVICES	₦0.7500	-2.6000%	3,421,832	44.2576	₦0.8494	₦1.1779
SECURE ELECTRONIC TECHNOLOGY PLC NSLTECH	SERVICES	₦0.7600	+2.7000%	4,853,008	43.1990	₦0.8028	₦0.9532
UNIVERSAL INSURANCE PLC UNIVINSURE	FINANCIAL SERVICES	₦0.7700	+0.0000%	0	35.9689	₦0.8996	₦1.1240
REGENCY ASSURANCE PLC REGALINS	FINANCIAL SERVICES	₦0.8600	+7.5000%	850,917	52.8008	₦0.8666	₦1.1119
ROYAL EXCHANGE PLC. ROYALEX	FINANCIAL SERVICES	₦0.9600	+9.0900%	2,305,989	26.2571	₦1.2836	₦1.7108
VERITAS KAPITAL ASSURANCE PLC VERITASKAP	FINANCIAL SERVICES	₦1.1500	-0.8600%	28,981,233	31.7551	₦1.4076	₦1.8247
PRESTIGE ASSURANCE PLC PRESTIGE	FINANCIAL SERVICES	₦1.4000	-2.1400%	2,708,324	43.5107	₦1.4592	₦1.5578
UNITY BANK PLC UNITYBNK	FINANCIAL SERVICES	₦1.5100	+0.0000%	0	51.8759	₦1.5100	₦1.7566
DAAR COMMUNICATIONS PLC DAARCOMM	SERVICES	₦1.5100	+0.0000%	1,305,768	43.0031	₦1.6428	₦1.5745
OMATEK VENTURES PLC OMATEK	ICT	₦1.6500	+10.0000%	1,889,995	52.5441	₦1.7276	₦1.8317
LASACO ASSURANCE PLC. LASACO	FINANCIAL SERVICES	₦1.8800	+1.6200%	1,063,001	45.1859	₦1.9398	₦2.3304
SOVEREIGN TRUST INSURANCE PLC SOVRENINS	FINANCIAL SERVICES	₦1.8800	+9.9400%	8,898,358	38.9367	₦1.9206	₦2.4269
CORONATION INSURANCE PLC WAPIC	FINANCIAL SERVICES	₦2.1900	+6.8300%	17,011,112	45.5807	₦2.3374	₦2.8565
CUTIX PLC. CUTIX	INDUSTRIAL GOODS	₦2.4000	+0.4200%	3,713,832	38.3093	₦2.6650	₦3.1837
AUSTIN LAZ & COMPANY PLC AUSTINLAZ	INDUSTRIAL GOODS	₦2.7200	+8.8000%	1,036,500	31.8260	₦3.2998	₦3.2500
JAPAUL GOLD & VENTURES PLC JAPAULGOLD	OIL AND GAS	₦2.7500	-3.8500%	14,865,373	39.2919	₦2.9782	₦2.9802
INTERNATIONAL ENERGY INSURANCE PLC INTENEGINS	FINANCIAL SERVICES	₦2.8200	-0.7000%	16,766,801	29.0854	₦4.6824	₦3.5190
TRIPPLE GEE AND COMPANY PLC. TRIPPLEG	INDUSTRIAL GOODS	₦2.8800	+0.0000%	27,015	21.9038	₦3.3738	₦3.4320
SUNU ASSURANCES NIGERIA PLC. SUNUASSUR	FINANCIAL SERVICES	₦3.1200	+9.8600%	482,585	44.1625	₦3.5420	₦4.4281
MUTUAL BENEFITS ASSURANCE PLC. MBENEFIT	FINANCIAL SERVICES	₦3.1500	-1.2500%	9,509,167	39.4321	₦3.3738	₦3.8956
LIVINGTRUST MORTGAGE BANK PLC LIVINGTRUST	FINANCIAL SERVICES	₦3.2500	+0.0000%	238,833	29.2057	₦3.6608	₦4.1340
UPDC PLC UPDC	CONSTRUCTION/REAL ESTATE	₦3.5500	+0.0000%	644,057	46.2411	₦3.7180	₦4.8679
AIICO INSURANCE PLC. AIICO	FINANCIAL SERVICES	₦3.7600	+1.6200%	5,499,563	38.9415	₦4.0306	₦4.0797
LEGEND INTERNET PLC LEGENDINT	ICT	₦4.0000	+1.2500%	484,682	42.7403	₦4.6520	₦5.5554
CAVERTON OFFSHORE SUPPORT GRP PLC CAVERTON	SERVICES	₦4.2000	+0.0000%	747,913	29.7312	₦5.0800	₦6.0816
NPF MICROFINANCE BANK PLC NPFMCRFBK	FINANCIAL SERVICES	₦4.2000	+3.7000%	1,183,965	43.5308	₦4.6850	₦4.7882
MCNICHOLS PLC MCNICHOLS	CONSUMER GOODS	₦4.5000	+0.0000%	1,511,013	36.0052	₦5.8470	₦5.7716
CORNERSTONE INSURANCE PLC CORNERST	FINANCIAL SERVICES	₦5.2500	-1.8700%	1,899,277	47.5944	₦5.6490	₦5.6975
C & I LEASING PLC. CILEASING	SERVICES	₦5.4000	+0.0000%	504,604	41.7946	₦5.6910	₦6.4220
ACADEMY PRESS PLC. ACADEMY	SERVICES	₦6.1500	+0.0000%	46,239	35.1626	₦6.4920	₦6.3565
LIVESTOCK FEEDS PLC. LIVESTOCK	AGRICULTURE	₦7.8000	+8.3300%	1,512,407	46.2171	₦8.2980	₦7.8952
ELLAH LAKES PLC. ELLAHLAKES	AGRICULTURE	₦7.9000	-0.6300%	2,479,122	39.4505	₦8.5640	₦11.3848
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC NEIMETH	HEALTHCARE	₦7.9000	+1.2800%	820,388	45.3132	₦8.5290	₦8.9557
JOHN HOLT PLC. JOHNHOLT	CONGLOMERATES	₦9.1000	+0.0000%	140,969	26.3174	₦10.8550	₦9.5119
INTERNATIONAL BREWERIES PLC. INTBREW	CONSUMER GOODS	₦9.8000	+5.9500%	1,891,891	38.5439	₦11.4090	₦12.8865
CHAMPION BREW. PLC. CHAMPION	CONSUMER GOODS	₦10.5000	+5.5300%	2,791,003	46.3407	₦11.5370	₦14.2043
AFRICA PRUDENTIAL PLC AFRIPRUD	FINANCIAL SERVICES	₦11.1000	+0.0000%	966,081	34.1485	₦12.2550	₦14.1695
VFD GROUP PLC VFDGROUP	INVESTMENT	₦11.2500	-0.4400%	1,435,254	42.0820	₦11.1660	₦11.2730
AXAMANSARD INSURANCE PLC MANSARD	FINANCIAL SERVICES	₦12.0000	+0.0000%	561,902	46.2193	₦12.3520	₦13.9234
E-TRANZACT INTERNATIONAL PLC ETRANZACT	ICT	₦13.2500	+0.0000%	200,813	10.9142	₦14.5940	₦13.8272
RED STAR EXPRESS PLC REDSTAREX	SERVICES	₦16.1500	+0.0000%	598,981	26.9945	₦21.3200	₦16.2285
HONEYWELL FLOUR MILL PLC HONYFLOUR	CONSUMER GOODS	₦17.0000	+6.2500%	3,065,829	50.0771	₦16.6400	₦20.1090
UNITED CAPITAL PLC UCAP	FINANCIAL SERVICES	₦17.9500	+5.5900%	12,694,094	55.2992	₦17.6940	₦18.1668
OANDO PLC OANDO	OIL AND GAS	₦34.0000	+2.7200%	4,409,507	39.0061	₦37.8860	₦43.9868
TRANSNATIONAL CORPORATION PLC TRANSCORP	CONGLOMERATES	₦36.7500	+2.0800%	8,078,721	36.6607	₦39.6900	₦45.4988
NIGERIAN BREW. PLC. NB	CONSUMER GOODS	₦75.0000	+8.0700%	31,245,501	66.1919	₦72.8060	₦75.0475

Frequently Asked Questions

Can I still buy NGX stocks below their 200-day MA?

Yes, but the risk is higher. Stocks below MA 200 are in long-term downtrends. If you are a contrarian investor buying for a turnaround, look for stocks where the price has stabilised above MA 50 while still below MA 200 — this can indicate the early stages of a recovery.

More Technical Based Signals

RSI Oversold

NGX stocks with RSI below 30 — technically oversold and potentially due for a bounce.

RSI Overbought

NGX stocks with RSI above 70 — technically overbought, watch for potential pullbacks.

MACD Bullish

NGX stocks where MACD is above its signal line — bullish momentum signal.

MACD Bearish

NGX stocks where MACD is below its signal line — bearish momentum signal.

Above 200-Day MA

NGX stocks trading above their 200-day moving average — long-term uptrend.

Golden Cross

NGX stocks where the 50-day MA has crossed above the 200-day MA — strong bullish signal.

Death Cross

NGX stocks where the 50-day MA has fallen below the 200-day MA — long-term bearish signal.