200-day moving average

200-day moving average

A technical indicator compiled as a statistical series of a security's closing prices throughout 200 consecutive trading days. A 200-day moving average is designed to discover changes in a trend. Generally, a moving average is superimposed on a stock's line chart. If the stock price penetrates the moving average on the upside after a downward trend, the penetration is a signal to buy. But if the stock price penetrates the moving average on the downside following an upward trend, the penetration is a bearish sign.
References in periodicals archive ?
Following recent price moves, it has slipped below its 50-day moving average and flirted with its 200-day moving average.
The Euro STOXX 50, the euro zone's blue-chip index, rose 1.6% to 2,822.85 points, above its 200-day moving average of around 2,797 points and the 61.8% Fibonacci retracement of the index's fall from an April high to a May low at 2,805.95 points -- a positive signal.
From May lows of 2,594 the S&P 500 rallied to 2,742 highs on Monday before stalling out and pulling back to the 2,710 area presently -- back inside its descending wedge trendline, but still some way above its 2,625 200-day moving average. Fresh angst over N.
The stock has a 50-day moving average of $112.3 and a 200-day moving average of $103.6.
The Euro STOXX 50 index has also formed a "golden cross" technical trading pattern - formed when its 5-day moving average level crosses above the 200-day moving average level - which could also act as a signal to buy the index.
"We are at a point where the technical picture has improved considerably, but the problem is that the S&P 500 index doesn't want to break through the 200-day moving average. It's a worrying sign and if it stays like this for too long, then we can expect to go down again."
EUR-USD posted a 1.2008 rebound high, but struggled to maintain gains above 1.2000 on two separate attempts, leaving untroubled both yesterday's peak at 1.2032 and the 200-day moving average at 1.2054.
Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.5%.
The news lifted gold out of the near $100 range it had held within since mid-May and above its 200-day moving average for the first time since March.
Some technical analysts, who study price charts for clues to future direction, think oil prices could still break through $80 a barrel following a breach of the key 200-day moving average level last week.
The stock has a 50-day moving average of $41.75 and a 200-day moving average of $40.75.
It faces the next near-term resistance at around 2,805 points -- its 200-day moving average and a 61.8% Fibonacci retracement of a fall from a high in April to a low in May.