What is the ten-day simple moving average if the latest daily closing prices are $5, $7, $8, $5, $4, $6, $7, $8, $9, $10? a) $6.00b) $6.90c) $7.67d) $10.00

SMA = 6.9

Explanation:

given,

ten - day closing price

$5, $7, $8, $5, $4, $6, $7, $8, $9, $10

Simple moving average is an average which is a good estimator of future.

SMA = 6.9

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explanation:

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