Indicators
Simple Moving Average (SMA)
What is it?
The Simple Moving Average (SMA) is the average price over a set period, giving equal weight to all prices. It’s a straightforward way to smooth price data and spot trends.
How is it used?
- Trend direction: An upward SMA signals a bullish trend; a downward SMA signals bearish.
- Crossovers: A short SMA (e.g., 50) crossing above a long SMA (e.g., 200) is a “golden cross” (buy); crossing below is a “death cross” (sell).
- Support/resistance: SMAs often act as dynamic support or resistance.
How is it calculated?
SMA = (Price1 + Price2 + … + Pricen) / n
Where n is the period (e.g., 50).
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