Suppose you are given the following information on a broad equity market index: Calculate the simple three-day
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Suppose you are given the following information on a broad equity market index:
Calculate the simple three-day moving average for the index and the exponential three-day moving average where two-thirds of the weight is placed on the most recent close. Why would you want to know the moving average for an index? If the close on April 12, 2022, was below the three-day moving average, would it be a buy or sell signal?
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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