On February 6, 2020, the A shares of Ziguang opened at 31.59 yuan, rising 8.64% throughout the day, and the stock price closed at 34.06 yuan. Since February 4, 2020, the closing price of Ziguang shares 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 Ziguang shares stock price closed above the annual line for three consecutive days was December 10, 2019. The closing price on that day was 29.99 yuan ( was restored to the next day). The stock price fell.
Historical backtest
Looking back at the stock price in the past year, Ziguang shares have closed above the annual line for three consecutive days for a total of 6 times. Historical data shows that the stock price fell more than it rose the next day. It rose a total of 2 times, with a maximum increase of 4.43%; it fell 4 times, with a maximum decrease of 2.13%.
market statistics
statistics on the whole market data from August 7, 2018 to August 6, 2019. Oriental Fortune Choice data shows that a total of 3194 stocks closed above the annual line for three consecutive days 8439 times, of which 3919 times were second. On one day, the stock price rose, the stock price fell 4,295 times, and the stock price did not change 225 times. The average return rate of the entire market the next day was -0.02%. If the period is lengthened, the average yields for one month (20 days), three months (60 days), and six months (120 days) are 0.73%, -0.48%, and 0.61% respectively.
Note: The annual data used in this article are data without excluding trading suspension days.
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.
