Indicators · Question 7 of 12
What does the 200-day line show?
1 answer is correct. Easy
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Answer
- B The average of the closing prices of the last 200 trading days
Explanation
A moving average smooths out fluctuations. The 200-day line is widely watched to assess long-term trends. If the price is above it, chart analysis regards this as a sign of an intact uptrend.