Just wondering if somebody could shed some light on this. When I use the Webull app and watch the charts as I've been doing more lately, I notice that my moving average indicators actually change pretty drastically. For example, I am looking at Upstart stock, and range is set to none. With interval set to day, the 180 day MA is 191.31. If I change the interval to 1 hour it goes down to 101.92. If I dare set the interval down to 5 minutes, my MA180 line is suddenly sitting down at the 75 dollar mark, where of course it just isn't accurate at all. Wouldn't the 180 day moving average be just that, regardless of what I am choosing to look at on the chart? Could somebody please explain to me what is happening here, and how to use these indicators more effectively? Thanks!
Leave a Reply