Rising moving average

The rising moving average is a technical indicator used in stock market trading. Most commonly found visually, the pattern is spotted with a moving average overlay on a stock chart or price series. When the moving average has been rising consecutively for a number of days, this is used as a buy signal, to indicate a rising trend forming.

3-day Rising moving average on a 5-day close-price weighted moving average

While the rising moving average indicator is commonly used by investors without realising, there has been significant backtesting on historic stock data to calculate the performance of the rising moving average. Simulations have found that shorter rising averages, within the 3- to 10-day period, are more profitable overall than longer rising averages (e.g. 20 days). These have only been tested on US equity stocks however.[1]

Notes
  1. http://www.stockmarketfreedom.com/how-to-invest/Follow-the-Rising-Trend.html
gollark: The examples don't seem to mention anything about closing HTTP clients.
gollark: (and as any issues with that would only manifest when it's shutting down anyway)
gollark: I slightly abuse things to make the database close properly. It shouldn't cause issues as it's single-threaded anyway.
gollark: That's unrelated.
gollark: I assumed they would be magically disposed of via magic.
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