SMA 8 crossing over SMA 21 is a popular strategy.
These are the stocks that has their SMA 8 crossing over their SMA 21 on Friday for SP500 stocks.
|Ticker|Company|Price|Change|Change %|SMA 21|SMA 8|
|:-|:-|:-|:-|:-|:-|:-|
|MCO|Moody's Corporation|477.59|\-1.88|\-0.39|456.85|457.25|
|IDXX|Idexx Laboratories Inc|656.73|\-3.98|\-0.60|643.18|643.56|
|MTD|Mettler-Toledo International|1366.69|\-10.53|\-0.76|1378.10|1378.30|
|NFLX|NetFlix Inc|96.24|11.65|13.77|80.80|81.41|
|PYPL|PayPal Holdings, Inc. Common Stock|46.21|0.68|1.49|43.78|44.37|
|DPZ|Domino's Pizza Inc.|402.51|3.22|0.81|394.64|396.63|
|PFG|Principal Financial Group, Inc.|95.42|\-2.08|\-2.13|94.32|94.44|
|MDLZ|Mondelez International, Inc. Class A|61.58|1.64|2.74|60.07|60.08|
|VRSK|Verisk Analytics, Inc. Common Stock|207.57|4.93|2.43|189.63|191.16|
|PSKY|Paramount Skydance Corporation Class B Common Stock|13.51|2.33|20.84|10.89|11.07|
|PGR|Progressive Corporation|213.66|1.93|0.91|205.47|206.10|
|COIN|Coinbase Global, Inc. Class A Common Stock|175.85|\-5.21|\-2.88|169.53|170.56|
Ran a backtest for each of these stocks to enter on sma 8 crossover sma 21 and exit on sma 21 cross above sma 8, from 2015 to last Friday. (Some stocks were listed post 2015, so not every stock here are around since 2015)
These are the results
|Rank|sma|Ticker|Total Profit|Growth %|Win Rate|Max Drawdown|Total Trades|Execution Time|
|:-|:-|:-|:-|:-|:-|:-|:-|:-|
|1|8|NFLX|373800.48|373.80%|46.8%|\-32.79%|62.00|0.04s|
|2|8|MTD|338008.92|338.01%|55.7%|\-17.20%|70.00|0.04s|
|3|8|MCO|168968.91|168.97%|43.2%|\-24.78%|74.00|0.03s|
|4|8|IDXX|165729.61|165.73%|40.0%|\-41.71%|75.00|0.04s|
|5|8|PGR|145370.86|145.37%|39.2%|\-27.81%|74.00|0.04s|
|6|8|VRSK|136435.26|136.44%|40.3%|\-14.48%|62.00|0.03s|
|7|8|DPZ|91322.94|91.32%|37.1%|\-30.48%|70.00|0.04s|
|8|8|PFG|20304.82|20.30%|43.8%|\-42.68%|73.00|0.03s|
|9|8|COIN|14735.93|14.74%|35.3%|\-69.44%|34.00|0.02s|
|10|8|PYPL|8196.10|8.20%|36.4%|\-59.02%|66.00|0.04s|
|11|8|PSKY|\-4240.10|\-4.24%|0.0%|0.00%|1.00|0.01s|
|12|8|MDLZ|\-4710.92|\-4.71%|40.8%|\-43.80%|76.00|0.04s|
Same strategy, performs wildly different on different tickers. Do you guys trade any crossovers on stocks? happy to test them if you do.
Thanks.