Tech Analysis To Identify Trend Using Moving Average - MA 📈 Day 1 (AMC As Example)
Yoyoyo, let's do this guys! ![]()
What is Moving Average (MA)?
It's the average price of a futures contract or stock over a set period of time.
U can adjust the time period to ur preference.
By default/most common used is 14 days.
It's the average price of a futures contract or stock over a set period of time.
U can adjust the time period to ur preference.
By default/most common used is 14 days.
Since this event topic is mainly related to $AMC Entertainment (AMC.US)$ , let's us use the AMC stock graph 📊 :
Dam![]()
, why I'm so stupid as to mention common used is 14 days for MA... created more work for myself...![]()
Without further ado, let reset ur MA setting back to default as shown in the image steps 1-5🚶♂️below (Note: This is mobile📱version)![]()
:
Without further ado, let reset ur MA setting back to default as shown in the image steps 1-5🚶♂️below (Note: This is mobile📱version)
Step 1:
Step 2:
(For mobile drag slide to get to "Indicators")
(For mobile drag slide to get to "Indicators")
Step 3:
Step 4:
(Reset to "default" if u think there is a need to)
(Reset to "default" if u think there is a need to)
Step 5:
(Input 14 to whichever MA sequence u desire.
In my case, I choose MA2 as my 14 days.
Notice the colour.
Note: You can reduce the numbers of MA curve by un-checking them)
(Input 14 to whichever MA sequence u desire.
In my case, I choose MA2 as my 14 days.
Notice the colour.
Note: You can reduce the numbers of MA curve by un-checking them)
Hurray![]()
! Finally all done!!!![]()
OF COURSE... NOT!!!![]()
This is just all the basic setup.
OF COURSE... NOT!!!
This is just all the basic setup.
NOW!
Let's move on to how to use the MA of 14 days as shown in the picture 📸 below:
Let's move on to how to use the MA of 14 days as shown in the picture 📸 below:
Purple = Take notice of ur MA curve colour
(Note: For mine, is Light Blue colour for the 14 days MA curve)
Green = Up trend (above the Light Blue)
Yellow = Down trend (below the Light Blue)
Note: I realised my "circling" is out of shape/not that accurate. But i think u guys get the idea 💡. Cut me some slack on the "circling"... Monkey 🐒 cannot draw perfect "circling". PS, my art 🎨 just scored 50+/100 mark![]()
.
(Note: For mine, is Light Blue colour for the 14 days MA curve)
Green = Up trend (above the Light Blue)
Yellow = Down trend (below the Light Blue)
Note: I realised my "circling" is out of shape/not that accurate. But i think u guys get the idea 💡. Cut me some slack on the "circling"... Monkey 🐒 cannot draw perfect "circling". PS, my art 🎨 just scored 50+/100 mark
Now, question...
Where should u buy? The green or the yellow?
![]()
![]()
![]()
![]()
![]()
OK 5 sec up![]()
Where should u buy? The green or the yellow?
OK 5 sec up
For me, I will buy in the yellow because it's likely the cheapest point.
Some/most investors will say is the green as it is the period that it start to turn up trend.
My conculsion is u ownself decide for yourself.
Why?
Because MA is not the only indicator that factor in for my purchasing of the stock at that price![]()
.
Some/most investors will say is the green as it is the period that it start to turn up trend.
My conculsion is u ownself decide for yourself.
Why?
Because MA is not the only indicator that factor in for my purchasing of the stock at that price
Although it says common use is 14 days, but u can choose a longer period, for example 50 days/100days if u are a longer term investors to avoid market volatility ![]()
.
Why 14 days is the most common used?
Neither do I know![]()
. Ask the one who invented the MA![]()
.
He claimed that 14 days give him the most accurate results.
Why 14 days is the most common used?
Neither do I know
He claimed that 14 days give him the most accurate results.
I may not explains that well for MA. So I will refer some others' explanation about technical analysis which I find it not bad![]()
.
Always DYODD first before investing![]()
Edited:
Eg. why some/most investors say buy above the MA curve:
NANA123 :Avoid misunderstandings and seize the core of the transaction!
Look at her that $Apple (AAPL.US)$ graph![]()
.
The price just keeps increasing above the MA curve = up trend momentum.
Eg. why some/most investors say buy above the MA curve:
NANA123 :Avoid misunderstandings and seize the core of the transaction!
Look at her that $Apple (AAPL.US)$ graph
The price just keeps increasing above the MA curve = up trend momentum.
Next update of posts sequence (event):
Milk The Cow :Tech Analysis To Identify Trend Using MACD 📈 Day 2 (AMC As Example)
Milk The Cow :Tech Analysis To Identify Trend Using MACD 📈 Day 2 (AMC As Example)
Milk The Cow :Tech Analysis To Identify Trend Using Exponential Moving Average - EMA 📈 Day 3 (AMC A...
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Milk The Cow OP : If want video guide, just go youtube![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
explore urself.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Indicator guidance for MA cannot be that much difference from the origin definition
NANA123 : Very concise and informative. It gets right to the point, so you understand what’s going on in market trading. The application of TA to reel trading is invaluable!!!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Milk The Cow OP NANA123 : Ty![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Milk The Cow OP : Well, maybe for some of u guys can just choose 13 days or 15 days.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
".
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
?
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
It's because in Chinese, "14" mean "sure
For the western, I heard that "13" is an unlucky number.
So I think for those who have crazy belief in this auspicious thing, I guess "15" is the best choice
For me, it does not really matters as I'm more of a scientific person
You must follow the expertise's way & ur chance of win is maybe a bit higher
Meta Moo : Great, it's such an informative post; you made this indicator easy to understand and use in moomoo. I've seen your hard work in this TA challenge.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Milk The Cow OP Meta Moo : Ty![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")