Price vs 200-Week SMA| Wednesday, 23 August 2023
For an enlarged view, click on the arrows in the top right corner of the image
The following data puts into context the potential price overextension, using the 200-week SMA as a filter.
Price vs 200-week SMA
Most extended to the upside (potential sell/short mean reversion candidates)
Most extended to the downside (potential buy/long mean reversion candidates)