The FMP DEMA endpoint provides the double exponential moving average of a security's closing price over a specified period of time.

Double EMA

The FMP DEMA endpoint provides the double exponential moving average of a security's closing price over a specified period of time. DEMAs are calculated by taking an exponential moving average of an exponential moving average. DEMAs are a type of technical indicator that is even more responsive to price changes than EMAs. This makes them even more useful for identifying short-term trends and reversals. DEMAs can also be used to identify support and resistance levels in the same way that SMAs, EMAs, and WMAs are used. The FMP DEMA endpoint is a valuable tool for investors who need to:

Identify even shorter-term trends and reversals in a security's price than EMAs

Develop trading strategies based on technical analysis

Endpoint:

https://financialmodelingprep.com/api/v3/technical_indicator/5min/AAPL?type=dema&period=10

FMP

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Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.