Technical_Analysis_page_311

Technical | Analysis page 311 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

282 Part Ill Trend Analysis The Linearly Weighted Moving Average (LWMA) Let us refer back to the example in Table 14.1 to calculate a linearly weighted moving average. A ten-day linearly weighted moving average multiplies the tenth day observation by 10, the ninth day by 9, the eighth day by 8, and…