The Mayer Multiple was created by Trace Mayer as a way to analyze the price of an asset in a historical context.
The Mayer Multiple is the multiple of the current price over some x-day moving average.
I preferred to display multiple average lines as they can help with identifying divergences.
The Mayer Multiple is the multiple of the current price over some x-day moving average.
I preferred to display multiple average lines as they can help with identifying divergences.