Moving Average Chart
Definition of 'Moving Average Chart'A tool used by technical analysts to track the price movements of a security or commodity. It plots average daily settlement prices over a defined period of time, anywhere from a few days to a couple years. |
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Investopedia explains 'Moving Average Chart'Usually, when a stock price moves below its 50-100 day moving average, things are not in your favor. The opposite is true for stocks that protrude their moving average. |
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