Business, Legal & Accounting Glossary
An indicator used by traders to determine a stock’s closing average over a period of 200 consecutive days. Most traders use this technical indicator to determine trends in the market. In theory, those stocks that continue to close above the 200-day line would be considered healthy, but often those stocks are considered volatile because they usually reverse course and head downward.
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This glossary post was last updated: 21st November, 2021 | 1 Views.