On March 16, 2020, Beiba Media A shares opened at 5.18 yuan, falling 9.98% throughout the day, and the stock price closed at 4.33 yuan. Since March 12, 2020, the closing price of Beiba Media has closed above the annual line (250-day moving average) for three consecutive days.
The last review of
Oriental Fortune Choice data shows that the last time Beiba Media 's stock price closed above the annual line for three consecutive days was October 24, 2019, and the closing price on that day was 4.02 yuan ( was restored to ). Since then, the stock price has risen for two consecutive days, with the highest increase during the period being 5.47%. However, it failed to continue its upward trend on the third day and fell below the support price of 4.02 yuan.
Historical backtest
Looking back at the stock price in the past year, Beiba Media has closed above the annual line for three consecutive days for a total of 5 times. Historical data shows that the stock price did not rise or fall the day after the signal occurred in one case; it rose four times, with the maximum increase of 3.07%.
market statistics
statistics on the whole market data from September 13, 2018 to September 12, 2019. Oriental Fortune Choice data shows that a total of 3242 stocks closed above the annual line for three consecutive days 9707 times, of which 4680 times were second. On one day, the stock price rose, the stock price fell 4,743 times, and the stock price did not change 284 times. The average return rate of the entire market the next day was 0.06%. If the period is lengthened, the average yields for one month (20 days), three months (60 days), and six months (120 days) are 1.13%, -0.38%, and 2.53% respectively.
Note: The annual data used in this article are data without excluding trading suspension days.
AE" Disclaimer: This article is based on big data production and is for reference only. It does not constitute any investment advice. Please operate at your own risk.
