ARTICLE SYNOPSIS ...Moving Averages, First Principles By Brian J. Millard Don't quite understand moving averages, but think that you could benefit from using them? Here's how to understand and apply moving averages to identifying trends in stocks. Of all the technical indicators, moving averages are perhaps the most widely used and misunderstood. Incorrectly applied, as is usually the case, they may be responsible for more losses than any other indicator. Correctly applied, however, they can be the most versatile and powerful tools available. The reasons for failure? First, a poor understanding of how stock pr...