What is 20-Day Simple Moving Average?
Average closing price over the last 20 trading days (~1 month). Short-term trend indicator. Price above SMA = short-term uptrend. Commonly used by active traders for near-term support/resistance.
Average closing price over the last 20 trading days (~1 month). Short-term trend indicator. Price above SMA = short-term uptrend. Commonly used by active traders for near-term support/resistance.