What is the 200 day moving average?

DJIA 200-Day Moving Average words highlighted on the white backgroundIt is an investment term that it used to assess stock performance over a period of time, in this case 200 days.

A 200 day Moving Average is shown on a chart & tracks the average price of a stock during a particular 200 day long period. Moving averages can also be charted for other date ranges.

It’s a type of Technical Indicator & technical traders use it (among other indicators) to assess when to buy or sell a stock position.

© AskConny.com