Let’s look at an example: the 5 day SMA for Tesla ⚡️🚗

We’ll use the closing prices for the past 5 days

16 July: $1500.64
15 July: $1546.01
14 July: $1516.80
13 July: $1497.06
10 July: $1544.65

The 5-day SMA is the sum of these closing prices divided by 5.

#TSLA #stocks