Question 4 (10 marks) Moving Averages (a) Calculate: (i) 5-day Simple Moving Average (SMA) (3 marks) (ii) 5-day Weighted Moving Average (WMA) (3 marks) (iii) 5-day Exponential Moving Average (EMA) (2 marks) Note: Give answers in the above table to the nearest whole number. Show all working and steps in the answer booklet. (b) On an uptrend, list the nearest to the furthest moving average lines relative to price, i.e. Simple, Weighted and Exponential moving averages. Why is the Exponential moving average preferred over the SMA and WMA? (2 marks)