Australian (ASX) Stock Market Forum

10 year chart: MA help

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17 November 2008
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Hi

With the following chart, it has a 10 year history and MA listed up top. As i understand the MA is a market average. Im not sure how to interpret the many values. Can someone educate me please :)
Why many values?
MA offer how many weeks?

Its from todays marcustoday report.

Thanks
 

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MA normally stands for Moving Average so a 20period MA is the average of the price for the last 20 periods, the different pretty coloured lines are different MA periods.
 
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