Chewy (CHWY) Recently Broke Out Above the 20-Day Moving Average

A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. positive. When the price falls below the moving average, it can signal a downward trend. Technical Analysis Since 07/12/23 38 33 29 25 21 18 16 6,662 4,997 3,331 1,666 7/16/23 8/1/23 8/1/23 8/1/239/16/23 10/1/230/15/23 11/1/2 ...