Technical indicators: Microsoft
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
- 63.3
- MACD histogram
- -0.80
- Bullish EMA crosses
- 105
- Bearish EMA crosses
- 104
Do the signals work?
Next-day outcome after each indicator state, in the selected range
Takeaway Over 6,722 days, 0 of 10 signal states differ from the 51.1% average by more than their 95% range. The most extreme, RSI oversold (<30) (55% up), rests on just 176 days.