Technical indicators: Amazon
The classic trader's toolkit: moving averages, Bollinger Bands, RSI and MACD, with 10/30-day EMA crossovers marked. Below the chart we test whether any of these signals actually predicted the next day.
- RSI (14) latest
- 44.5
- MACD histogram
- -0.42
- Bullish EMA crosses
- 103
- Bearish EMA crosses
- 104
Do the signals work?
Next-day outcome after each indicator state, in the selected range
Takeaway Over 6,722 days, 1 of 10 signal states differ from the 51.1% average by more than their 95% range. The most extreme, RSI oversold (<30) (62% up), rests on just 148 days.