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Simple Moving Average - SMA

The Simple Moving Average (SMA) is an arithmetic moving average 
The Simple Moving Average (SMA) is calculated by adding the closing price of a  certain number of time periods and then dividing this total by that number of time periods.

Example:

A 5 period Simple Moving Average (SMA) is equal with the sum of the closing price of the last five periods, divided by five.
A 20 period Simple Moving Average (SMA) is equal with the sum of the closing price of the last twenty periods, divided by twenty.



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