i'm not thinking too good at the moment! say you have a 5 day simple moving average: ((close1+close2+close3+close4+close5)/5) i'm looking to determine at what price today's 5sma will be greater than yesterday's. i'll give an example: say yesterday a stock had a 5sma of 25.8 ((25+27+24+25+28)/5) = 25.8 for today's 5sma to be greater than yesterday, then ((27+24+25+28+x)/5) > 25.8 can someone show the steps to finish this so i can figure out at what price x makes this equation true? it's been a while since i've done this stuff! thanks
Mathematically speaking, (27+24+25+28+x) /5 > 25.8 (27+24+25+28+x) > (25.8)(5) 104+x > 129 x > (129 - 104) x > 25