INTERNATIONAL JOURNAL OF SOCIETY REVIEWS (INJOSER)
Vol. 1 No. 8 (2024): INTERNATIONAL JOURNAL OF SOCIETY REVIEWS (INJOSER)

COMPARISON OF IMPLEMENTATION BETWEEN EMA, WMA, SMA IN PREDICTING IHSG

Ahmad Dwikhaldi Rifai (Program Studi Sistem Informasi, Universitas Nasional, Indonesia)
Tio Adi Kurniawan (Program Studi Sistem Informasi, Universitas Nasional, Indonesia)
Agus Iskandar (Universitas Nasional)



Article Info

Publish Date
07 Mar 2026

Abstract

This study compares the implementation of Exponential Moving Average, Weighted Moving Average , and Simple Moving Average in the movement of the Composite Stock Price Index. Through the analysis of historical IHSG data, we found that EMA consistently outperforms WMA and SMA with higher accuracy. This result indicates that the use of EMA, focusing on recent data, can be a more responsive approach to changes in stock market trends. However, this research also highlights the need to consider the weaknesses and limitations of each forecasting method. The implications of these findings can provide valuable guidance for stock market practitioners in investment decision-making. Future research can deepen this analysis by considering additional factors to improve IHSG predictions

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Journal Info

Abbrev

INJOSER

Publisher

Subject

Religion Humanities Social Sciences

Description

INTERNATIONAL JOURNAL OF SOCIETY REVIEWS (INJOSER) is a scientific journal that publishes articles in the fields of humanity, social science. Humanities include: Language and Linguistics, History, Literature, Performing Arts, Philosophy, Religion, Fine Arts. Social Science fields of Science include: ...