1. Answer the following question with proper calculation:

a) Select a stock on the NYSE and construct a daily high, low, and close bar chart for it that includes its volume of trading for 10 trading days.

b) Compute the relative-strength ratio for the stock in (a) relative to the S&P 500 Index. Prepare a table that includes all the data and indicates the computations as follows:

Closing price relative strength ratio

Day stock S&P 500 Stock price/&P 500

c) Plot the relative-strength ratio computed in (b) on your bar chart. Discuss whether the stocks relative strength is bullish or bearish.