This measures the security's 50 Day Moving Average price divided by the 200 Day Moving Average price.
On a stock chart, the golden cross occurs when the 50-day MA rises sharply and crosses over the 200-day MA.
This is seen as bullish.
Work by Seung-Chan Park has shown that companies whose 50d MA is far above the 200d MA significantly outperform those companies where the 50d MA is below the 200d MA.
Ticker | Name | 50dMA / 200dMA | StockRank™ |
---|---|---|---|
LON:GCM | GCM Resources | 222.81% | 35 |
LON:PHE | Powerhouse Energy | 167.88% | 13 |
LON:HRN | Hornby | 164.06% | 27 |
LON:ZEG | Zegona Communications | 163.89% | 42 |
LON:FTC | Filtronic | 161.27% | 52 |