Source: BURSA | Published: August 2022
(This webinar will be conducted in Malay)
Moving average is a commonly used technical indicator to help smooth out the price data over a specified period of time by creating a constantly updated average price.
Two types of moving averages are commonly used - simple moving average (SMA) and exponential moving average (EMA). A SMA is a calculation that takes the arithmetic mean of a given set of prices over the specific number of days in the past; while an EMA is a weighted average that gives greater importance to the price of a stock in more recent days, making it an indicator that is more responsive to new information.
Moving averages serve many important purposes in trading. They are typically calculated to identify the trend direction or to determine its support and resistance levels. It is a lagging indicator because it is based on past prices.
Want to take your understanding on moving averages to the next level?
Join us in the next webinar "Moving Average As A Basic Indicator In Trading" to learn how to apply moving averages in trading effectively.
In this webinar, you will learn:
Know the types of moving averages
The use of moving averages in trading
Learn trading techniques based on envelope, channel and band patterns
This webinar consists of 2 parts. The first part is 60 minutes of topical content. Then followed a question and answer session for 30 minutes.
This webinar is organized by Bursa Malaysia and conducted by LifeChamp.
Speaker: Ali Fudin
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