Strategy Shares Form First Golden Cross Since March 2023

Strategy Inc. (MSTR) shares formed their first golden cross since March 2023 at the Oct. 19 close, as their 50-day price average rose above their 200-day average.

The 50-day simple moving average stood at $135.64, compared with $135.52 for the 200-day average. A golden cross occurs when the shorter-term average moves above the longer-term one. The $0.12 difference marks the crossover in the closing readings.

The previous golden cross occurred March 2, 2023.

Strategy shares were higher one year after 10 of 19 earlier golden crosses. Those past results describe what followed earlier signals; they do not establish a price target for the shares after the Oct. 19 crossover.

Moving averages are based on past share prices. The latest reading identifies a change in their relationship, rather than a change in the stock’s price itself.