Assume the following daily closings for the Dow Jones Industrial Average: a. Calculate a four-day moving average
Question:
Assume the following daily closings for the Dow Jones Industrial Average:
a. Calculate a four-day moving average for Days 4 through 12.
b. Assume that the index on Day 13 closes at 23,300. Would this signal a buy or sell decision?
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a Day 4 14010 14100 14165 140804 563554 1408875 Day 5 14100 14165 140...View the full answer
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Related Book For 
Investment Analysis and Portfolio Management
ISBN: 978-1305262997
11th Edition
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
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