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:PHE | Powerhouse Energy | 185.20% | 22 |
LON:FTC | Filtronic | 177.46% | 43 |
LON:KP2 | Kore Potash | 170.78% | 42 |
LON:FCH | Funding Circle Holdings | 166.27% | 41 |
LON:AGY | Allergy Therapeutics | 162.59% | 31 |