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How to Identify Bullish Signals?

Views 149KMar 26, 2024
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How to Identify Bullish Signals in Technical Analysis?

When a short-term moving average and a long-term average intersect, the golden cross and the death cross appear.

These two commonly used patterns are often combined with other technical indicators, including moving averages, the MACD, the KDJ, and the RSI.

The golden cross occurs when a short-term moving average crosses above a long-term moving average, indicating a potential rally. Conversely, the death cross appears when a short-term moving average crosses below a long-term moving average, sending a bearish signal.

If a golden cross shows up many indicators, it may indicate the stock could rise.

If you want to filter out stocks whose price moves might form a golden cross in all the MACD, the KDJ, and the RSI indicators across the US market, what should you do?

The Stock Screener feature on moomoo can help you out.

After setting your conditions, the Screener can get what you want in a minute.

Open moomoo, select 'Explore,' and tap the 'Stock Screener'.

Here, you can set conditions that fit your strategy;

First, select 'US' in the Region Column. Then tap Technical on the left, choosing a moving average, for example, the weekly moving average.

Next, select Golden Cross under the KDJ, the RSI, and the MACD columns, respectively.

Finally, tap Check Results.

What you've got are stocks that may show a golden cross in the KDJ, the MACD, and the RSI (weekly candlestick chart) in the US market.

If you want to have more tailored search results, just set more conditions on the Stock Screener.

Tap Below for a quick experience of the Papertrade tool!

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy.

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