The sleek transferring common (SMMA) is a technical evaluation indicator that helps to clean out worth knowledge by making a consistently up to date common of the information. This may be helpful for figuring out traits and making buying and selling selections.
The SMMA is calculated by taking the typical of the closing costs over a specified time period. The commonest interval used is 200 days, however different durations can be utilized as properly. The SMMA is then plotted on a chart together with the value knowledge.