Question: A stock technical analyst uses smoothing methods to predict stock prices. The following table contains the monthly price information for General Mills. Date Price 1/30/2015
A stock technical analyst uses smoothing methods to predict stock prices. The following table contains the monthly price information for General Mills. Date Price 1/30/2015 55.33 2/27/2015 52.48 3/31/2015 53.79 4/30/2015 56.60 5/29/2015 55.34 6/30/2015 56.15 7/31/2015 55.72 8/31/2015 58.21 9/30/2015 56.76 10/30/2015 56.13 11/30/2015 58.11 12/31/2015 57.66 What is the predicted share price for June 30, 2015 if this technical analyst uses a 5-month moving average method?
A. $54.71
B. $55.95
C. $54.87
D. $54.95
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