On April 29, the closing prices of seven stocks in the NSE list with a market cap above Rs 10,000 crore fell below their 200-day moving average (DMA), according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal as it reflects that the stock is trading below its long-term trend. The 200 DMA is widely used by traders to determine the overall trend in a particular stock. Take a look: