Change From 5 Period SMA (5m)
Table of Contents
These filters compare the price of the last print for a stock to that of the 5 period simple moving average. These SMA’s are determined on 2, 5 and 15 minute time-frames.
A positive number means that the current price is above the moving average. A negative number means the current price is below the moving average.
The values entered for these filters are percentage (%). The formula is (Percent Change) = ((Last Price) - (SMA)) / (SMA) * 100.
The distance from the 8 period SMA is often used to determine the size of a short term trend when it starts.
Filter Info for Change From 5 Period SMA (5m) [5SmaLa5]
- description = Change from 5 Period SMA (5m)
- keywords = Fixed Time Frame Moving Average
- units = %
- format = 1
- toplistable = 1
- parent_code = 2SmaLa5