TCL - Golden Cross usually provides Bullish Outcome
The price chart of Transurban Group ( TCL ) has just triggered a Golden Cross (50-day moving average above 200-day moving average). Historically, this price pattern was usually followed by an upside move. Since 2000, a Golden Cross has been observed on 13 previous occasions (first event in at least 20 rolling trading days).
Looking forward 12-days, TCL , provided an average gain of 3.12%, win rate of 12 from 13, standard deviation 3.33%, maximum 8.64%, median 1.89%, minimum -1.08%.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
Looking forward 12-days, TCL , provided an average gain of 3.12%, win rate of 12 from 13, standard deviation 3.33%, maximum 8.64%, median 1.89%, minimum -1.08%.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
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