Cryptocurrency Q&A
Why is the 200 MA so important?
Why is the 200 MA so important?
GliderPulse
Sat Nov 30 2024
|
7 answers
1275
I'm wondering why the 200 MA is considered significant in the financial world. Is it because it provides a longer-term view of price trends, or are there other reasons that make this moving average a key indicator for investors and analysts?
7 answers
Valentina
Sun Dec 01 2024
Securities that consistently stay above the 200-day moving average are considered fundamentally robust.
Was this helpful?
369
49
Stefano
Sun Dec 01 2024
The 200-day moving average is a crucial technical indicator for traders.
Was this helpful?
236
27
Margherita
Sun Dec 01 2024
Staying above this line over an extended period indicates stability and strength.
Was this helpful?
41
93
MountFujiMystic
Sun Dec 01 2024
Such securities are often viewed as suitable for long-term investments.
Was this helpful?
85
98
Andrea
Sun Dec 01 2024
It helps to identify securities with strong fundamental performance.
Was this helpful?
222
61
Load 5 more related questions
