Question: A stock technical analyst uses smoothing methods to predict stock prices. The following table contains the monthly price information for Walmart. Date Price 11/30/2018 95.62
A stock technical analyst uses smoothing methods to predict stock prices. The following table contains the monthly price information for Walmart.
| Date | Price |
| 11/30/2018 | 95.62 |
| 12/31/2018 | 91.71 |
| 1/31/2019 | 94.35 |
| 2/28/2019 | 97.46 |
| 3/29/2019 | 96.54 |
| 4/30/2019 | 101.80 |
| 5/31/2019 | 100.94 |
| 6/28/2019 | 109.95 |
| 7/31/2019 | 109.84 |
| 8/30/2019 | 114.26 |
| 9/30/2019 | 118.68 |
| 10/31/2019 | 117.26 |
What is the predicted share price for August 30, 2019 if this technical analyst uses an exponential smoothing method with a smoothing constant of .7 and a 5-month moving average as the initial forecast share price for April 30, 2019?
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