Technical_Analysis_page_307

Technical | Analysis page 307 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

278 Part Ill Trend Analysis The most commonly used type of moving average is the simple moving average (SMA), sometimes referred to as an arithmetic moving average. An SMA is constructed by adding a set of data and then dividing by the number of observations in the period being examined. For exam-…