westpac share trading is where I got the graph.
I calculate the 5 day weighted average by using data from market index app.
go to market index. Type in stock code as search. Scroll to very bottom where the stock data for previous days is displayed. Ie- previous day sp open, high, low, close, volume and turnover. add up turnover and volume totals for previous 5 days and find average p/s. Multiply by 1.05. That is your limit price. I do it on excel.
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Open | High | Low | Value | Volume |
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---|---|---|
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1 | 100 | 7.160 |
2 | 15000 | 7.150 |
1 | 28249 | 7.140 |
2 | 28349 | 7.130 |
Price($) | Vol. | No. |
---|---|---|
7.180 | 70069 | 5 |
7.190 | 26928 | 4 |
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