Averages Analysis

jabanico

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Hi. I'm creating a simple screening software based on averages.

The idea is to glean as much information as possible based on averages alone.

I'd like to ask what the following mean for the stock/ETF I am tracking (perhaps Fibonacci values can also be used):

1. Price > 50MA by less than 5%
2. Price > 50MA by 5 to 10%
3. Price > 50MA by greater than 10%
4. Price < 50MA by less than 5%
5. Price < 50MA by 5 to 10%
6. Price < 50MA by more than 10%

1. 50MA > 200MA by less than 5%
2. 50MA > 200MA by 5 to 10%
3. 50MA > 200MA by greater than 10%
4. 50MA < 200MA by less than 5%
5. 50MA < 200MA by 5 to 10%
6. 50MA < 200MA by more than 10%

Also, what it means for combinations of these, such as Price < 50MA by 5 to 10%, and 50MA > 200MA by more than 10%. Perhaps a matrix representation?

Any links to articles that provide insight on this type of analysis will be very much appreciated.

Thanks!
 
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