A moving average is a technical analysis indicator that displays the average price of an asset over a certain time period, which is used to identify trends and support/resistance levels.Formula:There are multiple types of moving averages, but the most common formula is Simple Moving Average (SMA) which uses the following formula: MA = (Sum of Prices for n Periods) / nKey Takeaways: 1. Moving averages can be used to smooth out short-term price fluctuations, identify trend direction, and potential support and resistance levels.Counterarguments: 1. Moving averages can generate lagging signals while identifying trend changes.2. MA are less reliable in choppy markets or frequent sideways movements.3. MA can be prone to false signals when the market is unstable.