All screens

Technical & Price Action

Golden Crossover

Golden Crossover is a Technical & Price Action screen. It checks every NSE-listed stock against 1 condition computed from nightly data, after excluding heavily pledged promoters and very small market caps. This page explains the rule, each figure and its source. It lists no stocks and is not advice.

What it does and why

The golden crossover identifies stocks where short-term price momentum has turned bullish. It fires when the 50-day moving average of a stock's price crosses above its 200-day moving average — a signal that the recent trend is strengthening relative to the longer-term trend. Traders use this as an early sign that a stock is transitioning from a downtrend or sideways phase into an uptrend. It says nothing about whether the business is good or cheap — it is purely a price-behaviour filter.

The rule, step by step

A stock must satisfy every condition below. Conditions are grouped under the pillar they test.

Price Trend

  • Golden Cross Today is true

Hard excludes

  • Promoter pledge above 30% of the promoter's holding
  • Market cap below ₹500 crore
Passes the screen

Ranked by Market Cap, highest first.

The figures it uses

Golden Cross Today

Used in a condition
Formula
True when the 50-day SMA was at or below the 200-day SMA on the prior bar and is above it on the latest bar (needs 201 bars)
Input fields
close
Source of record
Upstox · public historical candles, NSE_EQ|{ISIN} (no auth)FinEdge · /api/v1/daily-quotes/{symbol} (fallback)
Corporate actions
Adjusted for corporate actions before use
Refresh
Recomputed nightly (06:30 IST job); rows older than 3 days are excluded from screens

Market Cap

Used for ranking
Formula
Close × paid-up equity shares ÷ 10,000,000 (₹ crore)
Input fields
close, paidUpEquityShares
Source of record
Upstox · public historical candles, NSE_EQ|{ISIN} (no auth)FinEdge · /api/v1/daily-quotes/{symbol} (fallback)FinEdge · /api/v1/shareholdings/summary/{symbol}?period=quarterly
Corporate actions
Adjusted for corporate actions before use
Refresh
Recomputed nightly (06:30 IST job); rows older than 3 days are excluded from screens

Promoter Pledge

Hard exclude input
Formula
Pledged shares as a share of the promoter's own holding: pledgedSharesPct ÷ promoter holding × 100; blank when the quarter is not listed
Input fields
pledgedSharesPct, promoter holding
Source of record
FinEdge · /api/v1/shareholdings/summary/{symbol}?period=quarterlyFinEdge · /api/v1/shareholdings/pattern/{symbol}?period=quarterly
Refresh
Recomputed nightly (06:30 IST job); rows older than 3 days are excluded from screens

What each figure means

50-Day Moving Average

The average closing price of the stock over the last 50 trading days. It smooths out day-to-day noise and represents the stock's near-term price trend.

In the Golden Crossover, the 50-day MA is the short-term trend line. When it is rising and crosses above the 200-day MA, it signals that recent buying pressure is gaining ground.

High is better

200-Day Moving Average

The average closing price of the stock over the last 200 trading days. It represents the long-term price trend and acts as a major support or resistance level.

In the Golden Crossover, the 200-day MA is the long-term baseline. The crossover is only meaningful when the 50-day MA rises above it — if the 200-day MA itself is falling steeply, the signal is weaker.

High is better

MA Spread (50d above 200d, %)

How far the 50-day MA is above the 200-day MA, expressed as a percentage. A larger positive spread means the short-term trend is well ahead of the long-term trend.

A freshly crossed stock will have a spread near 0%. A stock that crossed weeks ago and has continued climbing will show a larger spread, indicating the trend is sustained rather than a one-day fluke.

High is better

Try the rule

Type hypothetical values to see which conditions they satisfy. These are not real stocks and nothing here is stored.

  • Golden Cross Today is true—

Enter values to begin

A worked example

Loading the worked example…

Sign in with a completed risk profile to check any stock against this rule.

Evidence

What the harness measured

No edge detected

We could not tell this screen's picks apart from the stocks it left out. That is an absence of evidence, not a finding that the screen is wrong; it is still a valid way to narrow a list by your own rules.

AI-generated plain-language explanation

Each month across 64 months of data we checked, we measured whether the stocks this screen picked did better over the following month (21 trading days) than the stocks it did not pick. We score that from -1 (the picks always did worse) to +1 (always did better); 0 means no pattern. This screen scored -0.0017. As a measurement, the score is essentially zero. If the screen had no real edge, a score at least this far from zero would show up about 74 in 100 by luck alone. That does not mean the screen is wrong; it still works for narrowing a list of stocks by your own rules. This is a record of the past, not a prediction.

This content has been generated with the assistance of artificial intelligence tools by FINOME TECHNOLOGIES PVT LTD. It is for educational purposes only and does not constitute investment advice, a research report, or a recommendation under SEBI (Research Analysts) Regulations, 2014 or SEBI (Investment Advisers) Regulations, 2013. Not investment advice. Issued in compliance with SEBI circular SEBI/HO/MIRSD/MIRSD-SEC-5/P/CIR/2024/149.

Show the exact wording we approved

In the past data we checked, we could not tell the stocks this screen picked apart from the ones it left out. Each month, across the whole period we have data for, we checked whether the stocks this screen picked did better, over the following month (21 trading days), than the stocks it didn't pick. We score that from -1 (the picks always did worse) to +1 (always did better); 0 means no pattern. This screen scored -0.0017. As a measurement, the score is essentially zero. If the screen had no real edge, a score at least this far from zero would show up about 74 in 100 by luck alone. That does not mean the screen is wrong; it still works for narrowing a list of stocks by your own rules.

This is a record of the past, not a prediction.

Information coefficient-0.0017-1 to +1; 0 means no pattern
IC p-value0.741how often luck alone would do this
Net Sharpe (out-of-sample)-0.05per year, after estimated trading costs
Deflated Sharpe probability0.068Deflated against 2 trialsthe chance it truly beats holding the index, after marking down for flukes
Annual turnover12.0how much of the portfolio is replaced each year
Out-of-sample months64months of portfolio testing, using only what was known at the time
Universe:
Today's Nifty 500 constituents (survivorship-biased: delisted names are absent)
Data window:
2019-04-01 → 2026-09-25
IC basis:
Pattern score: measured across the full period
Portfolio:
Portfolio test: out-of-sample months only; rebalanced monthly, 21 trading days, net of estimated costs, for a fixed position size per stock
Versions:
qp21f-nifty500-2.0.0 / 0.1.0 / 2.0.0
Record:
5c00d61a-7c0

Live monitoring

  • 5-day IC -0.011 · signal date 2026-10-14 · n 4447
  • 22-day IC 0.005 · signal date 2026-09-12 · n 3840

This is a historical, statistical measurement produced by FINOME TECHNOLOGIES PVT LTD's research harness on past data. It is not a prediction, and past results do not indicate future results. The universe is today's Nifty 500 constituents, so the sample is affected by survivorship bias. It describes how a screen's selections behaved in the past and does not constitute investment advice or a recommendation.

Run this screen

Run this screen

Rule version 1.0.0

Questions

How is this screen calculated?
Each stock is tested against 1 condition using figures computed from exchange prices and company filings, adjusted for corporate actions. The rule is versioned; this page shows version 1.0.0.
How often does the screen update?
The figures are recomputed once each trading day after the nightly compute. A stock whose figures are more than three days old is left out rather than shown stale.
Is this investment advice?
No. This is educational material describing a screening method. It does not recommend any security and does not consider your circumstances.
Educational use only — GoQuant is a research tool. This page explains a screening method and is not a recommendation. Investment advice is provided by FINOME TECHNOLOGIES PVT LTD (AltQube), SEBI-registered Investment Adviser, registration no. INA000018373, under a signed advisory agreement and after a risk profile. Past performance is not indicative of future results.