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Weekly SMA200 Distance – Percentile Zones

The Weekly SMA200 Distance – Percentile Zones indicator measures the percentage distance of price relative to the 200-week Simple Moving Average (SMA200) and classifies it into historical percentile zones.
This tool helps identify the context of an asset in relation to its long-term trend:
Cheap Zone (< P25): price at historically low levels relative to the SMA200.
Value Zone (P25–P50): neutral range, where price trades around its long-term average.
Acceptable Zone (P50–P65): moderately high levels, still reasonable within an uptrend.
Not Recommended Zone (P65–P76): overextended territory with rising correction risk.
Very Expensive Zone (≥ P76): extreme levels, historically linked to overvaluation and potential market tops.
Percentile calculations update dynamically with each new weekly candle, providing a robust and objective statistical perspective for investment and trading decisions.
✅ In summary
This indicator works as a quantitative valuation map: showing whether the asset is cheap, fairly valued, acceptable, risky, or very expensive relative to its historical distance from the weekly SMA200.
This tool helps identify the context of an asset in relation to its long-term trend:
Cheap Zone (< P25): price at historically low levels relative to the SMA200.
Value Zone (P25–P50): neutral range, where price trades around its long-term average.
Acceptable Zone (P50–P65): moderately high levels, still reasonable within an uptrend.
Not Recommended Zone (P65–P76): overextended territory with rising correction risk.
Very Expensive Zone (≥ P76): extreme levels, historically linked to overvaluation and potential market tops.
Percentile calculations update dynamically with each new weekly candle, providing a robust and objective statistical perspective for investment and trading decisions.
✅ In summary
This indicator works as a quantitative valuation map: showing whether the asset is cheap, fairly valued, acceptable, risky, or very expensive relative to its historical distance from the weekly SMA200.
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受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。