GOZ - MACD Daily Histogram above 0 for 25 Consecutive Days
The Growthpoint Properties Australia Ltd (ASX:GOZ) MACD Histogram (12, 26, 9) has just recorded 25 consecutive days above 0. Since 2007, this type of indicator persistence above 0 was usually the forerunner to some short-term upside.
The optimal 15-day average return, following GOZ's (12, 26, 9) MACD Daily Histogram above 0 for 25 consecutive days, was 2,55% with a win rate of 9 from 11, & standard deviation of 2.94%.
The optimal 15-day average return, following GOZ's (12, 26, 9) MACD Daily Histogram above 0 for 25 consecutive days, was 2,55% with a win rate of 9 from 11, & standard deviation of 2.94%.