You find the closing prices for a stock you own. You want to use a 10-day moving
Question:
You find the closing prices for a stock you own. You want to use a 10-day moving average to monitor the stock. Calculate the 10-day moving average for days 11 through 20. Based on the data in the following table, are there any signals you should act on? Explain.
Transcribed Image Text:
Day 1 2 3 4 لنا 5 6 7 8 9 10 Closing Price $25.25 $26.00 $27.00 $28.00 $27.00 $28.00 $27.50 $29.00 $27.00 $28.00 Day 11 12 13 14 15 16 17 18 19 20 Closing Price $30.00 $30.00 $31.00 $31.50 $31.00 $32.00 $29.00 $29.00 $28.00 $27.00
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Based on the data the price fell below the 10day moving average on Day 17 providing a sell signa...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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