wclose

Weighted close

Using a fints object for the tsobj argument is not recommended. Use a matrix, timetable, or table instead for financial time series.

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

Syntax

WeightedClose = wclose(Data)

Description

WeightedClose = wclose(Data) calculates the weighted closing prices from the series of high, low, and closing prices. The weighted closing price is the average of twice the closing price plus the high and low prices.

Examples

Calculate the Weighted Closing 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
WeightedClose = wclose(TMW);
plot(WeightedClose.Time,WeightedClose.WeightedClose)
title('Weighted Closing Prices for TMW')

Input Arguments

Data — Data for high, low, and closing prices

matrix | table | timetable

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

Data Types: double | table | timetable

Output Arguments

WeightedClose — Weighted closing price series

matrix | table | timetable

Weighted closing 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. 312–313.

Version History

Introduced before R2006a