Question

Identify and explain the concepts: Sonali compared the level of prices between two different time periods to understand the changes in price ​

Answer 1

Answer:

A simple moving average (SMA) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range.

KEY TAKEAWAYS

A simple moving average (SMA) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range.

A simple moving average is a technical indicator that can aid in determining if an asset price will continue or if it will reverse a bull or bear trend.