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