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 | 226.65% | 35 |
LON:PHE | Powerhouse Energy | 169.36% | 15 |
LON:FTC | Filtronic | 163.16% | 51 |
LON:TUN | Tungsten West | 160.09% | 31 |
LON:MTL | Metals Exploration | 157.80% | 99 |