Technical analysis: MA 200
A moving average with a 200-day time frame is a popular technical indicator used in stock market analysis. It is calculated by taking the average closing price of a stock over the last 200 days and plotting it on a chart. The purpose of the moving average is to provide a visual representation of the trend of the stock's price over time and help to identify support and resistance levels. A stock price that is trending above its 200-day moving average is often considered to be in an uptrend, while a stock price that is trending below its 200-day moving average is considered to be in a downtrend. However, it's important to note that moving averages should be used in conjunction with other technical indicators for a more comprehensive analysis.