Below you will find the closing stock prices for eBay over a three-week period. Calculate the simple three-day and five-day moving averages for the stock and graph your results. Are there any technical indications of the future direction of the stock price?

Date Close

12/19/2007 ............$31.67

12/20/2007 ............ 33.37

12/21/2007 ............ 34.30

12/24/2007 ............ 34.17

12/26/2007 ............ 34.49

12/27/2007 ............ 33.65

12/28/2007 ............ 33.78

12/31/2007 ............ 33.19

1/2/2008 .............. 32.49

1/3/2008 .............. 32.84

1/4/2008 .............. 31.30

1/7/2008 .............. 30.44

1/8/2008 .............. 30.01

1/9/2008 .............. 29.87

1/10/2008 ............. 30.36