SPX 200W MA Valuation Bands (v6 stable)
Overview:
Summary: Plots the S&P (SPX) long-term 200-week moving average with valuation bands to show price relative to a long-term trend.
What it shows:
Interpretation / Signals:
Usage & Settings:
Notes & Disclaimer:
Summary: Plots the S&P (SPX) long-term 200-week moving average with valuation bands to show price relative to a long-term trend.
What it shows:
- Primary: 200W MA (200-week moving average).
- Bands: Multiple valuation bands around the MA (e.g., ±X% levels or percentile bands).
- Coloring: Price/bar colors change when price is above/below bands or MA.
Interpretation / Signals:
- Trend: Price above the 200W MA = long-term bullish bias; below = bearish bias.
- Over/Under Valuation: Price touching or exceeding upper bands suggests extended/overbought conditions; touching lower bands suggests deep undervaluation or strong sell-offs.
- Mean Reversion: Crosses back toward the MA often signal reversion opportunities; sustained moves outside bands indicate regime shifts.
Usage & Settings:
- Recommended timeframe: Weekly (uses 200-week MA).
- Adjustable: Band widths (percentage or standard deviation), MA length, band count, color scheme.
- Alerts: Alerts on price crossing MA, upper band, or lower band for entry/exit notifications.
Notes & Disclaimer:
- Use with risk management: Combine with volume, macro context, or other indicators before trading.
- Educational only: Not financial advice; past behavior doesn’t guarantee future results.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.