Lies, Damn Lies and End of Day Data
Quote:
Originally Posted by
Hoop
Hmmm.. unadjusted data?? when it says it's adjusted....yes I now have my doubts too Fish
A problem I may always have to live with, with the delayed Yahoo data feed methinks...There's been a few debates on ST in the past about TA accuracy .... Phaedrus reworked some of his charts and reposted.... Most reworked charts I saw had very minor changes. Most Div effects were minor.,,,splits were grossly obvious.
I have never worked out what Yahoo's 'adjusted' closing price is all about. If there is a stock split/consolidation they tend to rework all the historical data and often there is a spike because they get the date out by one day. They do not take dividends into account at all as far as I am aware. As an added bonus Yahoo (and Google) do not cover all stocks, miss trading days out and provide data for days when the market is closed.
My current source of free end of day for the NZX is stocknessmonster.com.
On another note a break of the 50 day (E)MA is as arbitrary a buy signal as any. So what's your exit strategy ?
best wishes
Paper Tiger