Thursday, January 25, 2007

What's the MA50 for NASDAQ now?

Folks, I need your help here. I have just noticed a big discrepancy of NASDAQ MA50 (simple 50 day moving average) between my chart and the one used by CBSmarketwatch. I have been using Ameritrade's Advance Analyzer for most of chart analysis, and right now, it shows that the MA50=2423.9, in other words, today's close (2434.2) is well above the MA50, but others say that NASDAQ closed below its MA50 today? Really? Please tell me what's the MA50 for NASDAQ on our charts right now. Thanks a lot!

3 comments:

tom said...

Naz closed at 2434.24 below its 50SMA at 2439.89 according to Telechart 2007.

tom said...

Just confirmed it with Yahoo Finance at 2439.87. 2 pennies off is acceptable I think :)

Here's the link: http://finance.yahoo.com/charts#chart3:symbol=^ixic;range=ytd;indicator=sma+volume;charttype=line;crosshair=on;logscale=on;source=undefined

If you're still skeptical, just take the last 50 closing numbers and divide by 50.

Dump that Ameritrade platform quick!

flyingwabbit said...

Tom:

really appreciate it! I have to say that I am a bit shocked here, obviously I need to get a better charting program, any recommendations, folks?