Technical indicators: Alphabet (Google)
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
- 48.9
- MACD histogram
- +0.25
- Bullish EMA crosses
- 80
- Bearish EMA crosses
- 81
Do the signals work?
Next-day outcome after each indicator state, in the selected range
Takeaway Over 5,561 days, 0 of 10 signal states differ from the 52.6% average by more than their 95% range. The most extreme, RSI oversold (<30) (56% up), rests on just 114 days.