What is the 3-day simple moving average as of day 5, given the following information?

Question

Quizplus · Accepted Answer

To calculate the 3-day simple moving average as of day 5, we need the prices for days 3, 4, and 5.

From the given information, we can see that:

Day 1: unknown
Day 2: unknown
Day 3: $35.10
Day 4: $35.40
Day 5: $35.60

To calculate the 3-day simple moving average, we add up the prices for the past 3 days and divide by 3:

(35.10 + 35.40 + 35.60)/3 = 35.37

Therefore, the closest answer is B) $35.35.

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