Dictionary


Moving Average Convergence/Divergence MACD
The crossing of two exponentially smoothed moving averages that are plotted above and below a zero line. The crossover, movement through the zero line, and divergences generate buy and sell signals.
Moving Average Crossovers
The point where the various moving average lines intersect each other or the price line on a moving average price bar chart. Technicians use crossovers to signal price-based buy and sell opportunities.
Moving Average Model
A time series equation representing an observed value at time t as a linear combination of present and past random shocks et (forecast errors). A moving-average process of order Q, MA(q), may be written: Pt = et – b1et-1 – b2et-2…bqet-q.
Multiple Linear Regression
More than one independent variable is used to account for the variability in one depen dent variable.
Mutual Fund
A company that invests money of its shareholders in a variety of areas, usually stocks.