What is inferred in case the share price is moving above the simple moving average line?

Question

Quizplus · Accepted Answer

When the share price is moving above the simple moving average line, it is an indication that the price is increasing. This means that there is an upward trend in the market and investors are willing to pay more for the shares. It does not necessarily mean that the company is good or that the market is positive, as other factors can also influence the share price.

What Is Inferred in Case the Share Price Is Moving