A moving average is an indicator that shows the average value of a security's price over a period of time. This type of event occurs when a shorter moving average crosses a medium moving average, and the medium moving average crosses a longer moving average. The moving average periods used for this event are 4, 9 and 18 price bars. When the 4 crosses above/below the 9, the event has "started". The event is "confirmed" when the 9 crosses above/below the 18. A bullish signal is generated when the direction of the crossovers is above e.g. the shorter moving average crosses above the medium and the medium moving average crosses above the longer. A bearish signal is generated when the direction of the crossovers is below. More...
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Price Period: |
Daily |
Volume: |
813,864 |
4-day moving average crossed above the 9-day which subsequently crossed above the 18-day. |
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