[isatrader]

Hi, got a ProRealTime question here.

Attached are two charts for the same UK stock. One is a weekly chart the other is a daily chart. On both charts I have the moving averages. The MA I have a question about is the 50 day / 10 week MA.

If you look at the attached daily chart you will see the 50 day MA, which is in red, was not touched by the price today, but if you look at the weekly chart you can see that the price touched the 10 week MA. Now I though the 50 day and 10 week MA was essentially the same, so how come there is quite a big discrepancy between them on the two charts? Is there an option I need to set to align them up?

I think that most of the time they will be fairly close as 10 weeks is 50 trading days most of the time, but occasionally when they fall over periods like Christmas where there's multiple days when the markets closed, then the 50 day will pick up extra data from the previous days that's not in the 10 week MA, and hence a bigger discrepancy for a short period.

Change the settings on the daily chart to only show 50 days and on the weekly to only show 10 weeks and you'll see that the lowest close on the 50 day is 3.05 and the lowest close on the 10 week is 3.85, and hence the higher MA, as the daily goes back to the 4th Nov and the weekly goes back to the 10th Nov.