The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Wall St Week Ahead: Investor focus turns to data, election, earnings after Fed cut
U.S. stocks face a challenging period with economic data, political uncertainty, and corporate earnings tests ahead. The S&P 500 recently hit an all-time high following