An indicator used in technical analysis to identify changing trends. The technique consists of combining two groups of moving averages with differing time periods.
One set of moving averages in the Guppy Multiple Moving Average (GMMA) has a relatively brief time frame and is used to determine the activity of short-term traders. The number of days used in the set of short-term averages is usually 3, 5, 8, 10, 12 or 15.
The other group of averages is created with extended time periods and is used to gauge the activity of long-term investors. The long-term averages usually use periods of 30, 35, 40, 45, 50 or 60 days.
in the above chart GMMA is emotionless...
neither positive nor negative ...
so what will be the prediction ...
in such case we will consider science in our prediction ...
g ..Gravitational force ...
pulls everything towards centre of earth ..
means g is pulling down ward ....
upward boost zero ...
so next week will be predicted as at negatively biased in terms of GMMA.
so we will discuss one by one taking each and every indicators during course of time ..
Requesting your views on my clues ...
please welcome ....and post your comment ...
Sir, It was a great month last week, Thanks To U.
ReplyDeleteSir whats guppy?
Rgds. Shalom