Tracking moving averages on Yahoo Finance
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Transcript of Tracking moving averages on Yahoo Finance
TRACKING MOVING STOCK AVERAGES ON YAHOO FINANCE
Ox Mountain Financial April 22nd 2010
FOLLOW THE PINK GLOVE!
STEP 1: Go to finance.yahoo.com
STEP 2: Under “Home” tab, type in the ticker of the ETF you want to track, e.g. SPY, then hit “Get Quotes” button
STEP 3: Click on “Basic Chart” on the left hand side under “Charts” heading
STEP 4: Click on “Try our Interactive Chart” just above the price graph
STEP 5: Select Simple Moving Average (SMA) from the “Technical Indicators” drop-down list
STEP 6: Enter 50 for Line 1 Period and 200 for Line 2 period, then click blue “Draw” button
Your chart should now look like this with a 50 day moving average red line and 200 day moving average green line included with the navy price line. Congrats!. You won’t have to repeat these steps again- Yahoo will remember your settings
unless you change PCs.
Applying the 50/200 moving average cross is simple:
• Buy when the security’s 50 day moving average (the red line in the Yahoo Finance chart) crosses above its 200 day moving average (the green line in the chart).
• Sell the security and move to cash when the 50 day moving average falls below the 200 day moving average.
• Ox Mountain does not advise using its recommendations to short or use leverage.
How to trade using the 50 and 200 day moving average system