1.   This differs from the moving average in that it does not use equal weightings for the past values chosen.

2.   For example, long-run earnings per share could be calculated as a three-year moving average.

3.   The statistic would be called a five-quarter centred moving average.

4.   To isolate the trend, we must use a moving average of such period as to eliminate the seasonal effects.

5.   Moving averages can be used to smooth time series.

6.   Add to your diagram the trend patterns derived from three-year moving averages.

7.   AMG Data Services reported that there have been outflows for the last two weeks and that the four-week moving average of flows is just barely positive.

8.   By the end of December, however, all this should be much clearer as aggregate holiday figures replace moving averages.

9.   Chart readers consider a stock to be in a downtrend when its price is below its moving average, and in an uptrend if above.