SteadyTapeQuantitative Market Research

10-DMA Persistence

No index in extreme 10-DMA persistence (SPY 29/41, threshold 40/41)

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How many of the last 41 sessions SPY and QQQ closed above their 10-day moving average. Extreme persistence (e.g. 40/41) marks a powerful uptrend with historically strong near-term follow-through.

SPY above 10-DMA
29/41
threshold 40/41
QQQ above 10-DMA
29/41
threshold 40/41

When to run this study

Run daily. Fires when an index has closed above its 10-day moving average on nearly all (e.g. 40 of 41) of the trailing sessions — a powerful, persistent uptrend that has historically led to more near-term upside. SPY is the regime anchor; QQQ flags high-beta leadership.

Historical results

SPY forward returns after a 40/41 persistence trigger

WindowNWin%MedianMean
1W742.90-0.150.06
1M742.90-1.55-0.89
3M650-1.65-0.72
6M666.701.983.42