Scans
Golden Cross
Below is a list of stocks that experienced a golden cross (50SMA > 200SMA) in the last 5 days.
A "golden cross" is a chart pattern in which a relatively short-term moving average crosses above a long-term moving average or resistance level.
As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes, indicating the potential for a major rally.
The golden cross can be contrasted with a death cross indicating a bearish price movement.
NOTE: Scans are conducted after market close each day, so companies in the table met the criteria at the most recent close.
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List of Companies
At the close: 26/4/24 (AEDT)