medprice

Median price

medprice has been partially removed and will no longer accept a fints object (tsobj) argument. Use a matrix, timetable, or table instead for financial time series.

Use fts2timetable to convert a fints object to a timetable object.

Syntax

MedianPrice = medprice(Data)

Description

MedianPrice = medprice(Data) calculates the median prices from the series of high and low prices. The median price is the average of the high and low prices for each period.

Examples

Calculate the Median Prices for a Data Series for a Stock

Load the file SimulatedStock.mat, which provides a timetable (TMW) for financial data for TMW stock.

load SimulatedStock.mat
MedianPrice = medprice(TMW);
plot(MedianPrice.Time,MedianPrice.MedianPrice) 
title('Median Price for TMW')

Input Arguments

Data — Data for high, low, and close prices

matrix | table | timetable

Data for high, low, and close prices, specified as a matrix, table, or timetable. For matrix input, Data is an M-by-3 matrix of high, low, and close prices stored in the corresponding columns. Timetables and tables with M rows must contain a variable named 'High', 'Low', 'Close' (case insensitive).

Data Types: double | table | timetable

Output Arguments

MedianPrice — Median price series

matrix | table | timetable

Median price series, returned with the same number of rows (M) and the same type (matrix, table, or timetable) as the input Data.

References

[1] Achelis, S. B. Technical Analysis from A to Z. Second Edition. McGraw-Hill, 1995, pp. 177–178.