Golden cross - In technical analysis, what happens when the short moving average price of a stock (say, its 20-day moving average) cuts above a longer moving average (say, its 50-day average).For chartists, this cross is a sign that sentiment in the market has turned decidedly in favour of the stock, especially if up to that point two moving averages have been moving roughly in parallel.
Golden cross : in technical analysis, what happens when the short moving average price of a stock (say, its 20-day moving average) cuts above a longer moving average (say, its 50-day average).for chartists, this cross is a sign that sentiment in the market has turned decidedly in favour of the stock, especially if up to that point two moving averages have been moving roughly in parallel.