use and interpret, and they give valuable clues to market (or stock) direction. A moving average is the average value of a security’s price over a certain time period, such as the last 20, 50, 100, or 200 days. By overlaying the moving average on a chart of the stock or market, you get a visual idea of how the stock (or market) has performed over the specified time period. When plotted on a chart, moving averages appear as curved lines that move higher

