Technical Trend Analysis The **200-Day Daily Moving Average (DMA)** remains a fundamental technical benchmark used by institutional and retail traders to define the long-term trajectory of an equity. By smoothing price data over a rolling **200-day** period, this indicator filters out short-term market noise to reveal the underlying momentum. Positioning relative to this line serves as a primary trend filter. Securities trading above the **200 DMA** are generally classified in a structural uptrend, while those consistently trading below it are viewed as being in a long-term downtrend. Market participants frequently monitor the **200 DMA** as a psychological support or resistance zone. Reversals often occur at this level, making it a critical pivot point for risk management and capital allocation strategies during periods of high volatility.