Asked by Valdon Watkins on May 12, 2024

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A crossover occurs when one moving average crosses over another.Investors should consider buying if a fast-moving average crosses over a slow-moving average and should consider selling if a fast-moving average crosses below a slow-moving average.

Fast-moving Average

A statistical method used in analyzing data points by creating a series of averages of varying subsets from the complete dataset.

Slow-moving Average

A method in technical analysis that smooths out price data by creating a constantly updated average price over a specific period of time, typically used to identify trends.

  • Interpret stock market indicators like capital gains, dividends, and yield to support informed investment choices.
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CD
Cosmic DaedraMay 16, 2024
Final Answer :
True
Explanation :
This statement accurately describes the concept of a crossover strategy in technical analysis.