Golden Cross

A crossover involving a security's short-term moving average (such as 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level.

Investopedia Says:
As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market.

Technicians might see this cross as a sign that the market has turned in favor of the stock.

Related Links:
Take a closer look at the linearly weighted moving average and the exponentially smoothed moving average. Basics of Weighted Moving Averages
This tool smooths trends and makes them easier to indentify. Confirm Forex Momentum With Heikin Ashi
Take advantage of foreign currency markets without stepping out of your house. The New World Of Emerging Market Currencies

Golden Cross may be:

• Golden Cross, Oxford, a shopping arcade
• Golden Cross, Shrewsbury, a public house
• Golden Cross, Coventry, a public house

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