Main Content

typprice

Typical price

collapse all in page

Syntax

TypicalPrice = typprice(Data)

Description

TypicalPrice = typprice(Data) calculates the typical prices from the series of high, low, and closing prices. The typical price is the average of the high, low, and closing prices for each period.

example

Examples

collapse all

Open Live Script

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

load SimulatedStock.mat
TypicalPrice = typprice(TMW);  
plot(TypicalPrice.Time,TypicalPrice.TypicalPrice)
title('Typical Price for TMW')

Figure contains an axes object. The axes object with title Typical Price for TMW contains an object of type line.

Input Arguments

collapse all

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

collapse all

Typical 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. 291–292.

Version History

Introduced before R2006a

expand all

See Also

| | |

Topics