On September 16, 2019, Hi-Tech Development A shares opened at 10.52 yuan, up 1.80% throughout the day, and the stock price closed at 10.73 yuan. Since September 11, 2019, the closing price of Hi-Tech Development has closed above the annual line (250-day moving average ) for three consecutive days.
Previous review
Oriental Wealth Choice data shows that the stock price of High-tech Development closed above the annual line for three consecutive days on October 24, 2018, with the closing price on that day at 9.03 yuan ( pre-requalified ), and the stock price fell the next day.
historical backtest
backtracked the stock price in the past year, High-tech Development closed above the annual line for only three consecutive days on October 24, 2018. The next day, the stock price fell, with a drop of 0.89%.
Market statistics
Statistics the entire market data from March 26, 2018 to March 25, 2019. The Choice data of Oriental Fortune showed that a total of 2,910 stocks closed above the annual line for three consecutive days 5,876 times, of which 2,732 stock prices rose on the second day, 2,998 stock prices fell, 146 stock prices did not change, and the average return rate of the next day of the entire market was -0.11%. If the period is extended, the average yields of one month (20th), three months (60th), and six months (120th) are 2.93%, -2.70%, and -4.52%, respectively.
Disclaimer: This article is based on big data and is for reference only. It does not constitute any investment advice. You can bear the risk of operating on this basis.
