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what is a moving average?

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Statistics

what is a moving average?

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Moving average is one of the simplest but useful tools in the armoury of a Technical analyst It has been considered as an important mechanical trading rule by the market participants to understand the price movements as well as for predicting the future price Basically Moving Averages are lagging indicators which always lag behind the price It smoothens the price series and corrects the major fluctuations in the price series and in that way it can forecast the prices of stocks as    See Answer
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