Below 200-Day MA

32 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 — 32 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	RSI	MA 50	MA 200
SECURE ELECTRONIC TECHNOLOGY PLC NSLTECH	SERVICES	₦0.8400	+1.2000%	3,219,714	51.0931	₦0.8470	₦0.9485
GUINEA INSURANCE PLC. GUINEAINS	FINANCIAL SERVICES	₦0.8700	-1.1400%	53,404,202	36.2602	₦1.0280	₦1.1905
REGENCY ASSURANCE PLC REGALINS	FINANCIAL SERVICES	₦0.9400	+1.0800%	1,491,398	48.3018	₦0.9868	₦1.0965
UNIVERSAL INSURANCE PLC UNIVINSURE	FINANCIAL SERVICES	₦0.9400	+3.3000%	1,701,016	46.6737	₦1.0282	₦1.0958
PRESTIGE ASSURANCE PLC PRESTIGE	FINANCIAL SERVICES	₦1.4400	-0.6900%	1,086,284	44.1100	₦1.4766	₦1.5084
ROYAL EXCHANGE PLC. ROYALEX	FINANCIAL SERVICES	₦1.4800	+4.2300%	26,739,221	51.4874	₦1.4574	₦1.7154
LINKAGE ASSURANCE PLC LINKASSURE	FINANCIAL SERVICES	₦1.5000	-0.6700%	19,988,107	41.6012	₦1.6496	₦1.7218
UNITY BANK PLC UNITYBNK	FINANCIAL SERVICES	₦1.5100	+0.0000%	0	51.8759	₦1.5118	₦1.7216
VERITAS KAPITAL ASSURANCE PLC VERITASKAP	FINANCIAL SERVICES	₦1.5700	+0.6400%	4,491,018	57.2681	₦1.5422	₦1.7930
OMATEK VENTURES PLC OMATEK	ICT	₦1.7000	-6.0800%	854,004	39.7494	₦1.9192	₦1.7351
SOVEREIGN TRUST INSURANCE PLC SOVRENINS	FINANCIAL SERVICES	₦2.0000	+0.0000%	289,251	46.3045	₦2.2164	₦2.3509
LASACO ASSURANCE PLC. LASACO	FINANCIAL SERVICES	₦2.0000	+5.2600%	3,890,263	54.8630	₦1.9546	₦2.4922
CORONATION INSURANCE PLC WAPIC	FINANCIAL SERVICES	₦2.6000	+7.4400%	4,405,014	58.2210	₦2.4918	₦2.8295
CUTIX PLC. CUTIX	INDUSTRIAL GOODS	₦2.9000	-2.6800%	3,426,234	53.1045	₦2.9864	₦3.3331
LIVINGTRUST MORTGAGE BANK PLC LIVINGTRUST	FINANCIAL SERVICES	₦3.7200	+9.7300%	447,165	49.9731	₦3.8078	₦3.9613
UPDC PLC UPDC	CONSTRUCTION/REAL ESTATE	₦3.8500	+0.0000%	1,207,014	49.4237	₦3.9340	₦4.8577
SUNU ASSURANCES NIGERIA PLC. SUNUASSUR	FINANCIAL SERVICES	₦4.0000	+0.0000%	976,590	52.2408	₦4.0268	₦4.6979
LEGEND INTERNET PLC LEGENDINT	ICT	₦4.6500	-2.1100%	5,790,955	33.5158	₦5.5614	₦6.0119
CAVERTON OFFSHORE SUPPORT GRP PLC CAVERTON	SERVICES	₦5.0000	-0.9900%	3,533,303	39.9057	₦5.7650	₦6.1676
MCNICHOLS PLC MCNICHOLS	CONSUMER GOODS	₦5.3000	-1.8500%	3,436,390	38.7907	₦7.2634	₦5.3294
C & I LEASING PLC. CILEASING	SERVICES	₦5.5500	-5.9300%	633,204	41.4602	₦6.2510	₦6.1917
ELLAH LAKES PLC. ELLAHLAKES	AGRICULTURE	₦9.0000	+0.5600%	4,107,698	49.5396	₦9.4700	₦11.3379
VFD GROUP PLC VFDGROUP	INVESTMENT	₦10.7000	-1.8700%	6,338,698	49.8055	₦10.4860	₦11.8228
FCMB GROUP PLC. FCMB	FINANCIAL SERVICES	₦10.8000	+2.8600%	4,741,944	51.9082	₦10.9620	₦11.0035
AXAMANSARD INSURANCE PLC MANSARD	FINANCIAL SERVICES	₦11.2000	+0.0000%	580,299	27.1830	₦13.0360	₦13.3996
CHAMPION BREW. PLC. CHAMPION	CONSUMER GOODS	₦11.7500	-2.0800%	6,381,467	19.2218	₦13.2540	₦13.6646
AFRICA PRUDENTIAL PLC AFRIPRUD	FINANCIAL SERVICES	₦13.2000	+4.3500%	2,044,268	54.2734	₦12.8820	₦14.7065
HONEYWELL FLOUR MILL PLC HONYFLOUR	CONSUMER GOODS	₦16.8500	+0.0000%	1,052,305	52.8716	₦17.3120	₦20.3995
UNITED CAPITAL PLC UCAP	FINANCIAL SERVICES	₦17.7500	+1.4300%	7,407,225	51.5235	₦17.9650	₦18.4355
ETERNA PLC. ETERNA	OIL AND GAS	₦28.8000	+0.0000%	721,401	38.6174	₦31.3950	₦34.1202
OANDO PLC OANDO	OIL AND GAS	₦39.0000	-0.3800%	4,823,920	41.1275	₦45.0970	₦46.9885
TRANSNATIONAL CORPORATION PLC TRANSCORP	CONGLOMERATES	₦42.6500	+0.0000%	1,341,908	52.2502	₦43.3400	₦46.4070

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.