RE: Beginners Questions
Hello there,
When I set up a chart in the software I am looking up, I get different responses to the price relative to its 30 weeks MA, based on the period I choose, ie., 1yr, 2yrs, 3yrs, 5yrs, 10yrs etc.,
For example, when I look at LON:NTG with a 1yr chart, the price is above the MA (which is also improving).
If I look at any longer period, say, 2-3-5-10yrs, the MA is above the price.
In this case, what is the ideal period to look at? Should this even be happening?
Obviously, looking at the last 1yr of data, the MA is lower than price but which is reliable given that anything longer than 1yr says the opposite?
Cheers and thanks.