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• Trends And Moving Averages by Robert Nikifork

  ARTICLE SYNOPSIS ...How do you choose which length and type of moving average to use for chart analysis? Take a look. One commonly used technical indicator is the moving average (MA), which is plotted as a line connecting the average of closing prices over a lookback period. Moving averages may be used as trend indicators and to identify support and resistance levels and breakouts. The major complaint concerning moving averages is that they lag changes in the trend and thus lead to late signals. Because of that flaw and their widespread use, many articles have been written about moving averages. In most of the...

AUTHOR: Robert NikiforkDATE: DEC 1998SUBJECT: Novice Traders' Notebook