The 200-day moving average is a commonly used technical indicator in financial markets that helps traders and investors identify the overall trend of a stock or index. It calculates the average price of an asset over the last 200 days, smoothing out short-term fluctuations to provide a clearer picture of long-term price movements. When the current price is above the 200-day moving average, it often signals a bullish trend, suggesting that the asset may continue to rise. Conversely, if the price is below the moving average, it may indicate a bearish trend, signaling potential declines in value.