This is my stockview project.
Here are some introduction of the moving average lines:
When the moving average ribbons are parallel and evenly spaced, this means that the current trend is strong.
A stock price moving average bullish crossover occurs when multiple moving averages of different time periods exhibit an upward trend, forming an arrangement that points upward. Typically, this is interpreted as a signal that the stock price may be entering an uptrend.
For instance, if a stock's short-term moving average (such as the 10-day moving average) is above the long-term moving average (such as the 50-day moving average), and their arrangement indicates an ascending trend, it can suggest that the momentum of the short-term price increase is strengthening. This alignment might indicate increasing buying interest among investors, potentially attracting more participants to the market.
All the moving averages are in “agreement” since they are moving together.
The yellow period shows upward agreement indicating the stock is trending upward while the blue period indicates a downward trend.