On September 16, 2019, Ordos A shares opened at 8.58 yuan, up 0.48% throughout the day, and the stock price closed at 8.42 yuan. Since September 11, 2019, Ordos' closing price has closed above the annual line (250-day moving average ) for three consecutive days.
Previous review
Oriental Fortune Choice data shows that the previous three consecutive days of closing above the annual line was July 23 this year, with the closing price of 8.59 yuan on that day ( was re-equity before ), and the stock price fell the next day.
historical backtest
backtracked the stock price in the past year, and Ordos achieved three consecutive closings above the annual line for three consecutive days. Historical data shows that the stock price rose more and fell less the next day, with a total increase of 2 times, with a maximum increase of 2.71%; it suffered a decline of 1 time, with a decrease of 0.81%.
Market statistics
Statistics the whole market data from March 26, 2018 to March 25, 2019, Oriental Fortune Choice data shows that a total of 2,910 stocks closed above the annual line for three consecutive days 5,876 times, of which 2,732 times the stock price rose on the second day, 2,998 times the stock price fell, 146 times the stock price 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. It is at your own risk of operating on this basis.
