What is 50-Day Simple Moving Average?
Average closing price over the last 50 trading days (~2.5 months). Medium-term trend indicator. When 50D crosses above 200D it forms a Golden Cross (bullish); below forms a Death Cross (bearish).
Average closing price over the last 50 trading days (~2.5 months). Medium-term trend indicator. When 50D crosses above 200D it forms a Golden Cross (bullish); below forms a Death Cross (bearish).