Definition. Price plotted against four long-horizon simple moving averages of the daily close - the 111-day, 200-day, 365-day and 200-week averages - the moving-average set most commonly used as reference pricing models in technical analysis.

Technical. Every trace is a simple moving average of the daily closing price: sma(Price, 111), sma(Price, 200), sma(Price, 365) and sma(Price, 1400), the last being 200 weeks of seven days. The 200-week average is therefore taken over 1,400 daily closes rather than 200 weekly closes: the lookback window is identical and the sampling is finer, the two agreeing to within roughly one percent. Assets with less than 1,400 days of price history have no 200-week trace.

Interpretation. Each window carries its own convention. The 111-day average is the fast leg of the Pi Cycle Top Indicator, which compares it against twice the 350-day average; shown on its own it tracks short- to mid-term trend, and the crossing condition that defines the indicator is not plotted here. The 200-day average is the most widely watched trend divider in technical analysis and the denominator of the Mayer Multiple, which is price divided by that average. The 365-day average gives a one-year baseline for the high-time-frame trend. The 200-week average spans just under four years, the horizon usually invoked for full-cycle analysis, and is the level most often cited as a cycle-scale floor. The ordering of the stack is often as informative as any single line: price above a rising, fast-above-slow arrangement is characteristic of an established uptrend, while a flattening and inverting stack accompanies regime transitions.

Notes. Built from Price. The 200-day average is expressed as a ratio in Mayer Multiple. Bitcoin-only companions: the complete Pi Cycle Top Indicator, the Investor Tool and Price Temperature.