Assume the following daily closings for the Dow Jones Industrial Average: a. Calculate a four-day moving average
Question:
a. Calculate a four-day moving average for Days 4 through 12.
b. Assume that the index on Day 13 closes at 13,300. Would this signal a buy or selldecision?
Transcribed Image Text:
Date Price Date Price Date 5/3 5/4 5/5 5/6 5/9 5/10 Price 4/18 4/4 4/5 4/6 281 28 28 293 301 301 352 37 4/19 261 28 281 4/20 4/21 4/22 4/25 4/26 4/27 4/28 36 35 4/8 281 4/12 4/13 5/12 5/13 32
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a Day 4 14010 14100 14165 140804 563554 1408875 Day 5 14100 14165 14080 ...View the full answer
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Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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