Moving Averages
4-Week Moving Average
Also called: 4-week, 4 week, 4-week MA, 4-week moving average
The average closing price over the last 4 weeks. This is the shortest-term moving average I use and it's relevant for stocks in strong momentum where they hold the 4-week during the early acceleration phase of a new trend. I used it as the stop level on ENPH after its character change gap.
On the Chart
In Context
“Tuesday reshuffled: out of LYB at even, ENPH re-established at 4-week support, unnecessary TSLA round trip.”
“Sold LYB at even and picked up ENPH at its 4-week, so three trades by noon on the same day I posted the Lipschutz quote about sitting on your hands.”
“Re-entered at $43.83 with stops just under the 4-week, about 2% risk, which is actually tighter than the original gap entry.”
“New Moving Average Respect** The stock pulls back and holds a key moving average for the first time, usually the 10-week or 30-week, but it can be the 4-week too depending on how early you're catching it.”
Character Change·Concept