On September 10, 2019, Jiangsu Guotai A shares opened at 5.83 yuan, a slight drop of 0.69% throughout the day, and the stock price closed at 5.79 yuan. Since September 6, 2019, the closing price of Jiangsu Guotai 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 Jiangsu Guotai closed above the annual line for three consecutive days on February 26 this year, with the closing price on that day at 6.34 yuan ( before re-right ), and the stock price fell the next day.
Historical Backtest
Backtracking the stock price in the past year, Jiangsu Guotai closed above the annual line for three consecutive days on February 26, 2019. The next day, the stock price fell, with a drop of 1.52%.
Market statistics
Statistics the entire market data from March 21, 2018 to March 20, 2019. The Choice data of Oriental Fortune showed that a total of 2,818 individual stocks closed above the annual line for three consecutive days 5,741 times, of which 2,691 times the stock price rose on the second day, 2,907 times the stock price fell, 143 times the stock price did not change, and the average return rate of the next day of the entire market was -0.10%. If the period is extended, the average yields of one month (20th), three months (60th), and six months (120th) are 2.88%, -2.63%, and -4.72%, 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.
