As traders scan the equity market, they may be using Simple Moving Averages to help figure out where a stock is headed. Following some SMA
levels for Gold Resource
Corporation (:GORO), we can see that the 10 day is 4.54545, the 20 day is 4.440685, and the 30 day is 4.3901234 for Gold Resource
Corporation (:GORO). Tracking some other time periods, we note that the 50 day SMA
is 4.284244 , the 100 day is 4.082297 , and the 200 day SMA
is currently 4.558412.