$SHELL Daily price is above MA200 (0.02476).
Folks, what is a moving average? Here’s the quick explanation👇
Moving averages come in two types: simple and exponential. The commonly mentioned MA is usually a simple moving average, where each candlestick is weighted equally; EMA gives more weight to recent prices.
When the price moves too far from a long-term moving average, it’s often thought likely to move back toward it. But when the trend is strong, that divergence can last a long time.
Understanding an indicator helps you avoid being spooked by the numbers—not predict tops and bottoms with precision.
Folks, what is a moving average? Here’s the quick explanation👇
Moving averages come in two types: simple and exponential. The commonly mentioned MA is usually a simple moving average, where each candlestick is weighted equally; EMA gives more weight to recent prices.
When the price moves too far from a long-term moving average, it’s often thought likely to move back toward it. But when the trend is strong, that divergence can last a long time.
Understanding an indicator helps you avoid being spooked by the numbers—not predict tops and bottoms with precision.