Data on a stocks closing price and its price change for the last 14 trading days appears
Question:
Data on a stock’s closing price and its price change for the last 14 trading days appears in the table.
a. Over this 14-day period, what is the average gain on up days?
b. Over this 14-day period, what is the average loss on down days?
c. What is the RSI?
d. Is the RSI sending a strong buy or sell signal?
Transcribed Image Text:
Day 1 2 445 WN 3 6 7 8 9 10 11 12 13 14 Closing Price $22.50 $22.28 $22.32 $23.01 $22.82 $23.41 $23.83 $23.67 $24.02 $24.14 $23.99 $24.54 $25.17 $25.01 Price Change + $0.14 - $0.22 + $0.04 + $0.69 - $0.19 + $0.59 + $0.42 - $0.16 + $0.35 + $0.12 - $0.15 + $0.55 + $0.63 -$0.16 Price Increase $0.14 $0.04 $0.69 $0.59 $0.42 $0.35 $0.12 $0.55 $0.63 Price Decrease $0.22 $0.19 $0.16 $0.15 $0.16
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a Average price gain 014 004 069 059 042 035 012 055 06314 0252 b Average loss 022 019 016 015 0...View the full answer
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Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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