Definitions of the Pacific Northwest region vary, and even Pacific Northwesterners do not agree on the exact boundary. A common conception of the Pacific Northwest includes the U.S. states of Oregon and Washington as well as the Canadian province of British Columbia.
A simple, or arithmetic, moving average that is calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Short-term averages respond quickly to changes in the price of the underlying, while long-term averages are slow to react.
Moving averages are technical indicators that are designed to measure the average price presented on a graph for a selected number of periods. While 20, 50 and 100 period MVAs can be used, todayâs trading lesson will focus on the 200 period MVA as it is the most prevalent.