abstract:In the statistics of time series, and in particular the analysis of financial time series for stock trading purposes, a moving-average crossover occurs when, on plotting two moving averages each based on different degrees of smoothing, the traces of these moving averages cross. It does not predict future direction but shows trends.
Interestingly, following a golden crossover in July 2012, the 50-day movingaverage continues to read higher than the 200-day movingaverage, manifesting the bullish trend.
Notably, following a golden crossover in mid-Nov. 2012, the 50-day movingaverage continues to read higher than the 200-day movingaverage, manifesting the bullish trend.