$\begin{array}{c}
\begin{array}{c}
\text {Day}\
1 \
2 \
3 \
4 \
5 \
6 \
7
\end{array}
\begin{array}{c}
\text { Closing Price }\
48.22 \
48.40 \
47.28 \
47.30 \
48.11 \
49.02 \
49.10
\end{array}
\end{array}$

-What is the 3-day exponential moving average as of day 4 assuming that a weight of 60 percent of the average weight is placed on the most recent price?

Question

$\begin{array}{c}
\begin{array}{c}
 \text {Day}\
1 \
2 \
3 \
4 \
5 \
6 \
7
\end{array}
\begin{array}{c}
\text { Closing Price }\
48.22 \
48.40 \
47.28 \
47.30 \
48.11 \
49.02 \
49.10 
\end{array}
\end{array}$

-What is the 3-day exponential moving average as of day 4 assuming that a weight of 60 percent of the average weight is placed on the most recent price?

Quizplus · Accepted Answer

The 3-day EMA for day 4 is calculated using the formula: EMA = (Price_today * Weight) + (EMA_yesterday * (1 - Weight)). For day 4, EMA = (47.30 * 0.6) + (47.28 * 0.4) = 47.46.

-What Is the 3-Day Exponential Moving Average as of Day