A 5-Day Exponential Moving Average

A 5-day exponential moving average:

A) is a compound function.
B) places more emphasis on the latest closing price than it does on prior 4 day's closing prices.
C) considers only the prior day's closing price.
D) places a weight of 20 percent on the closing price of each day.
E) is an indicator of the long-term trend of the market.