July 2015
Intermediate to advanced
352 pages
9h 40m
English
book
A Technical Approach To Trend Analysis: Practical Trade Timing for Enhanced Profits
by Michael C. Thomsett
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11. Moving Averages—Order in the Change
The moving average (MA) is a statistical tool that evens out a set of values. On a stock chart, those values are based on closing prices over a range of sessions. In reviewing a chart for a volatile stock, it often is difficult to determine the general trend of price; with moving averages, it becomes possible to tell not only the direction, but also the level of volatility. A “moving” average is just that: With the close of each new session, the oldest session is dropped off and replaced with the newest session’s close.
With price data smoothing through MA, charting is given a specific structure that is not always available otherwise. The longer the period in the MA, the less responsive it is to change. ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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