Median % stock price gains are tracked for 5 days after a hit on any given technical indicator. All hits on a particular technical indicator and stock found in the last 1350 days of stock data are considered in the calculation of median % gains. Gains are based on buying at the open then selling at the close. For a short (sell then buy) trade objective the % gain should be negative to indicate a profit.
Median % gains are displayed for technical indicators provided that at least 30 hits on the indicator occurred for at least 30 different S&P 500 stocks within the last 1350 days. Median % gains are displayed for a stock when at least 30 hits on the indicator have occurred for the stock within the last 1350 days.
When you see a median % gain for an indicator then you know it is based on at least 900 data points. And, when you see a median % gain listed for a stock then you know it is based on at least 30 data points.
All gains displayed are historical gains which may not represent future results. Learn more about how technical indicators are ranked at our scoring system