The sideways market occurs when the price of a stock or security stays within a given range (between the support and resistance) for a long period of time, arriving at somewhat of a horizontal line on the graph if you were to, for example, chart a 200 day moving average for instance
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.