What is the 5-day simple moving average (SMA) for a stock with the closing prices listed over a week of trading? $150 , $152 , $148 , $151 , and $153
Answer
A
152 point 8 0 dollars
B
149 point 0 0 dollars
C
150 point 8 0 dollars
D
151 point 0 0 dollars
Explanation
Add the five closing prices: $150 + $152 + $148 + $151 + $153 = $754. Divide by 5 trading days: $754 ÷ 5 = $150.80, so the 5-day SMA is $150.80, choice C.
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