Moving Averages - Weighted
Description
A weighted
moving average is also designed to put
more weight on recent data and less
weight on past data. A weighted moving
average is calculated by multiplying
each of the previous day's data by a
weight. The following table shows how a
5-day weighted moving average is
calculated.
Note how
the 5-day weighted moving average gives
five times more weight to today's price
(i.e., 5 * 29) than to the
price five days ago (i.e., 1*
25). |