Below are figures representing the number of stocks making new highs and new lows for each month
Question:
Below are figures representing the number of stocks making new highs and new lows for each month over a six-month period:
Would a technical analyst consider the trend to be bullish or bearish over this period? Explain.
StocksStocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Transcribed Image Text:
New Highs New Lows Month July August September October November December 95 84 64 53 19 34 41 79 98 101
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
One approach would be to subtract the number of new lows from the numb...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
Question Posted:
Students also viewed these Corporate Finance questions
-
The random variable X, representing the number of errors per 100 lines of software code, has the following probabilitydistribution: 3 0.01 4 0.3 0.25 0.4 0.04
-
The random variable X, representing the number of cherries in a cherry puff, has the following probability distribution:(a) Find the mean p. and the variance ?2 of X.(b) Find the mean px, and the...
-
A stock market analyst recorded the number of stocks that went up or went down each day for 5 consecutive days, producing a contingency table with two rows (up or down) and five columns (Monday...
-
Implement the queue data structure using arrays of size 10 with the following functions Enqueue () - add {2,3,4,5,6,7,8} to the queue Dequeue() - remove 2 elements isFull() - check if the queue is...
-
The accompanying table lists the cross-price elasticities of demand for several goods, where the percent quantity change is measured for the first good of the pair, and the percent price change is...
-
1. As the arbitrator, give your reasons for ruling in the union's favor; in the employer's favor. 2. Argue for and against a decision by the employer in this case to insist on expanding the drug...
-
Consider a market with two securities, one of them risk free with rate of return \(R\), and three future states. Suppose that the risky security has a present value \(S_{1}\) and can take three...
-
Each of the following scenarios is independent. Assume that all cash flows are after- tax cash flows. a. Colby Hepworth has just invested $ 400,000 in a book and video store. She expects to receive a...
-
Decision Trees at PVA For this TASK, you will work with a data set named PVA. It contains data that reflects charitable donations made to an American veterans' association. The data represents the...
-
Eight work centers must be arranged in an L- shaped building. The locations of centers 1 and 3 are assigned as shown in the accompanying diagram. Assuming transportation costs are $ 1 per load per...
-
Compute the level of on-balance volume (OBV) for the following 3-day period for a stock, if the beginning level of OBV is 50,000 and the stock closed yesterday at $25. Does the movement in OBV appear...
-
You are given the following information: a. Calculate the 10-day moving-average NH-NL indicator. b. If there are 120 new highs and 20 new lows today, what is the new 10-day movingaverage NH-NL...
-
Can you think of ways to reduce the effects of biasing information on jurors?
-
True Or False Property owners lose their privilege of using force to regain possession of property if they make a mistake.
-
True Or False A plaintiffs consent may be implied by their conduct.
-
True Or False To claim self-defense the defendant must show a threat of imminent or future harm.
-
True Or False A defendant is liable for the emotional distress suffered by a plaintiff only if they suffered some type of physical harm.
-
True Or False According to the Restatement, deadly force can be used to prevent any felony.
-
The following are extracted from the statements of financial position as at 31 March 2017 and 31 March 2018 of Glebe Ltd: Required: (a) Calculate for each of the two years two ratios that indicate...
-
Linda Lopez opened a beauty studio, Lindas Salon, on January 2, 2011. The salon also sells beauty supplies. In January 2012, Lopez realized she had never filed any tax reports for her business and...
-
Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products in China on July 18 (7/18), February 12 (2/12), and October 7 (10/7), respectively. Given...
-
To a technical analyst, what are support and resistance areas?
-
On a particular day, the stock market as a whole is up; however, losers outnumber gainers by 2,000 to 1,600. What might a technical analyst conclude?
-
How does the concept of social order emerge from the micro-level interactions between individuals, and how do disruptions or deviations from established norms and expectations affect this order?
-
A toy rocket follows a parabolic path. The height of the rocket f(x), in feet, can be modeled by f(x) =-0.04x + 4x where x represents the rocket's horizontal distance in feet. Find the maximum height...
-
What are the tri - component attitude model and its applications. Explain.
Study smarter with the SolutionInn App