Price and Moving Averages

The price and moving averages are shown in the market data table for each covered market.

The Socrates Platform provides a predefined set of technical analyses that are focused on price range and moving averages.

• MA5: The price movement over five time units.
• MA7: The price movement over seven time units.
• Top EnvelopeA type of technical indicator typically formed by two moving averages that define upper and lower price range levels. An envelope is a technical indicator used by investors and traders to help identify extreme overbought and oversold conditions in a market. The envelopes, which typically appear overlaid on a price chart, are also useful in identifying trading ranges for a particular trading instrument.: The top price level (channel) within a price range.
• Center: The midpoint of the Top Envelope and Bottom Envelope values.
• Bottom Envelope: The bottom price level (channel) within a price range.

If a market's price crosses above or below the price range or moving average, it is a technical analysis signal that a possible change in trend is forming in the market.