1 Furthermore, Bollinger bands are widening and the 50-day simple moving average remains ascending.
2 The index has been trading around the 50-day simple moving average .
3 Finally, the 50-day simple moving average is ascending, he said.
4 Chile's IPSA index .IPSA traded flat, continuing above support at the 200-day simple moving average .
5 Resistance was reinforced by the 40-day simple moving average .
6 The index fell below its 10-day simple moving average .
7 The index traded near its 50-day simple moving average , which capped gains in the previous session.
8 But its 50-day simple moving average is still below the 200-day moving average.
9 The index notched its first close above its 10-day simple moving average since mid-January in the previous session.
10 The reinsurer's stock is currently trading 35 percent below its 200-day simple moving average .
11 The IPC rose early in the session, but hit resistance at its 14-day simple moving average and gains wilted.
12 The next downside target was around $1.3526, the 100-day simple moving average .
13 Moreover, the price settled below $0.2700 and the 100 hourly simple moving average .
14 Ripple climbed above the $0.2750 resistance and the 100 hourly simple moving average .
15 This occurs when the 50-day simple moving average has crossed above the 200-day moving average.
16 Thus, the 50-day simple moving average is ascending and plays a support role, said Philippe Delabarre, technical analyst at Trading Central.
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