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Moving Average

technical analysis
Definition
An indicator that smooths price data by calculating the average price over a specified number of periods.

Explanation

Simple moving average (SMA) weights all periods equally. Exponential moving average (EMA) weights recent periods more heavily, reacting faster to price changes. Common periods: 50-day (medium-term trend), 200-day (long-term trend). The 'golden cross' (50-day crossing above 200-day) is a bullish signal; the 'death cross' (50-day crossing below) is bearish. Moving averages work as dynamic support and resistance levels — in uptrends, pullbacks often find support at the 50-day or 200-day moving average.

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