Moving Average as support resistance - A technical analysis term meaning the average price of a security over a specified period (usually 20, 30, 50, 100 and 200 days) are used in order to spot pricing trends leveling of large fluctuations. This is perhaps the most commonly used variable in technical analysis. Moving Average data is used to create charts that show whether the stock price is trending up or down. They can be used to monitor daily, weekly, or monthly patterns. (Or week or month) numbers each new day is added and the oldest of the average numbers are reduced, so that the average "moves" over time. In general, the shorter the time frame used, the more volatile the prices will appear, so, for example, 20 day Moving Average lines tend to move up and down more than 200 day moving average line.
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