Just hit Moving-average cross · Indicator-based · reading up
24 hits in 520 candles · test this one alone Sign in to be alertedHit 2 sessions ago — Tue 27 Aug 2024
Moving-average cross completed on the daily candle of Tue 27 Aug 2024, an up reading, 2 sessions before the latest one (which closed at Thu 29 Aug 2024 at 768.65). Since the hit the close has moved +2.53%.
What the candles did
The 9-candle average (745.65) crossed above the 21-candle average (743.52).
What this pattern is taken to mean
The faster simple average crossed the slower one. Read as the near-term average price overtaking (or falling behind) the longer one.
What followed on this name's own record
After 23 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 7 times of 23 (30%). Median move in the hit's direction -2.22%; best +8.28%, worst -10.99%. Within the window the move typically reached +2.42% in the hit's favour and -4.91% against it. On this name it has more often gone the other way.
An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.
The rule, exactly as checked · fast = 9, slow = 21
- Compute SMA(fast) and SMA(slow) of the closes.
- The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
- fast must be smaller than slow, else nothing is reported.
The last 12 hits on this name
- Tue 27 Aug 2024 up The 9-candle average (745.65) crossed above the 21-candle average (743.52).
- Wed 14 Aug 2024 down The 9-candle average (721.18) crossed below the 21-candle average (727.94).
- Wed 12 Jun 2024 up The 9-candle average (638.24) crossed above the 21-candle average (638.04).
- Thu 16 May 2024 down The 9-candle average (664.80) crossed below the 21-candle average (665.26).
- Thu 02 May 2024 up The 9-candle average (667.24) crossed above the 21-candle average (665.60).
- Wed 24 Apr 2024 down The 9-candle average (656.77) crossed below the 21-candle average (658.34).
- Thu 04 Apr 2024 up The 9-candle average (656.41) crossed above the 21-candle average (656.01).
- Fri 22 Mar 2024 down The 9-candle average (640.47) crossed below the 21-candle average (645.28).
- Thu 09 Nov 2023 up The 9-candle average (431.76) crossed above the 21-candle average (431.49).
- Wed 01 Nov 2023 down The 9-candle average (425.23) crossed below the 21-candle average (425.34).
- Tue 17 Oct 2023 up The 9-candle average (425.12) crossed above the 21-candle average (423.36).
- Wed 04 Oct 2023 down The 9-candle average (419.43) crossed below the 21-candle average (420.34).