August 13, 2026

Two Golden Crosses, Two Weeks Later

AST SpaceMobile and Hims & Hers appeared on the Golden Cross screener in late July. Two weeks later one was up 40.1% and the other 10.8%. The full data.

The golden cross, a 50-day moving average crossing above the 200-day, is one of the oldest and most argued-about events in technical analysis. Critics point out, correctly, that it is a lagging construction: by the time the averages cross, a large part of the move has often already happened. The Golden Cross screener captures stocks on the day the crossover occurs, which makes its history a clean testing ground for the question that actually matters: what happens after the cross?

In late July, two widely followed names crossed within a day of each other. AST SpaceMobile (ASTS) appeared on the July 29 list, one of 41 stocks that day. Hims & Hers Health (HIMS) followed on July 30, one of 37. Here is what the next two weeks looked like.

The two-week scoreboard

SymbolCross dateClose at crossClose Aug 12ChangeWorst close in between
ASTSJul 29$53.03$74.31+40.1%never below entry
HIMSJul 30$27.04$29.97+10.8%never below entry

ASTS: when a lagging event front-runs everything

AST SpaceMobile's path after the cross was relentless: $58.44 the next session, $63.52 by August 3, $70.31 the day after, and a closing peak of $74.31 on August 12, exactly two weeks after the listing, for a gain of 40.1%. The stock never printed a single close below its cross-day price in the window. Whatever fundamental story drove the move, the point for screener users is narrower: the crossover event put the name on a 41-stock list before the steepest part of the advance, and the list membership was public data on day one.

HIMS: the more typical winner

Hims & Hers is what a good golden-cross outcome more commonly looks like. From $27.04 at the cross it rallied 18.9% to a closing peak of $32.16 on August 4, then cooled to $29.97 by August 12, a net gain of 10.8% in two weeks with no close below entry. The give-back from the peak is normal behavior, not failure; two-week windows around technical events are noisy by nature.

The base rate caveat

Two names do not validate a methodology, and we want to be precise about what this data shows. The July 29 and 30 lists held 78 entries combined, and the full distribution of their outcomes includes flat and negative results. It is also worth remembering that Snowflake crossed on July 9 at $267.49 and gained a more modest 11.4% by the end of that month. The honest summary of golden-cross data is that the event marks a regime change that sometimes precedes further trending, and the screener's job is to make sure you see the regime change on the day it happens rather than weeks later on someone's chart annotation.

The methodology article explains the exact filter conditions, including the volume and price floors that keep illiquid names off the list.

Related Resources

This article is a retrospective review of historical data for educational purposes only. It is not investment advice, no outcome shown here is a promise of future results, and screener appearances are data points, not recommendations.