Dow Death Cross

Kyaw Thu
3-6-19

Introduction

Year 2019 expresses the time of global warming, the giant earth quakes and the strong tornado warnings started receiving on earth. Furthermore, the tense of the trade war between US and China are also heated to the stock market these days.

Death Cross

is the point of the 50 moving average under the 200 moving average of the stock. Detail information: https://www.investopedia.com/terms/d/deathcross.asp

Area of the study

To analyse the four big stocks which include:

  • BA: Boeing
  • CAT: Caterpillar
  • XOM: Exxon Mobile
  • JNJ: Johnson and Johnson

Getting data from Yahoo Finance

[1] "BA"  "CAT" "XOM" "JNJ"

           BA.Close CAT.Close XOM.Close JNJ.Close
2019-05-23   350.55    122.26     73.79    139.79
2019-05-24   354.90    122.90     74.10    138.85
2019-05-28   354.88    121.59     72.61    137.07
2019-05-29   348.80    121.48     72.16    131.33
2019-05-30   349.87    121.84     71.97    132.11
2019-05-31   341.61    119.81     70.77    131.15

Death Cross BA

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Death Cross CAT

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Death Cross XOM

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Death Cross JNJ

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Finding of The Big Four

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Finding

It was found that each of the stocks appeared the signal of the death cross in the first quarter of 2019. That could be the sign of bear as the market being fear of the trade war risk, and the volume would be active for sell off the stocks at the moment. Further study of the other signals would be needed for precise review and hope the possibility of golden cross on the following weeks.