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Tagged: Moving Average
moving average is a another method in technical analysis . it is used for identify the buyer and seller in the market . it shows the actual price.
It is an indicator in technical analysis . It is a trend followed because it is based on the past price .
Moving Average is an trending indicator.
If the price is above the average it is Bullish trend.
If the price is below the average it is Bearish trend
Moving average is nothing but the average value of closing price of stock for defined period. Moving average will be useful in raising or falling price trend. It will not useful in sideways movement.
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