Question: Please show how you got to the computations. The cumulative advance-decline line reported in Barrons at the end of the month is 21,240. During the
Please show how you got to the computations. The cumulative advance-decline line reported in Barrons at the end of the month is 21,240. During the first week of the following month, the daily report for the Exchange is as follows:
| Day | 1 | 2 | 3 | 4 | 5 |
| Issued Trade | 3544 | 3533 | 3540 | 3531 | 3521 |
| Advances | 1737 | 1579 | 1759 | 1217 | 1326 |
| Declines | 1289 | 1484 | 1240 | 1716 | 1519 |
| Unchanged | 518 | 470 | 541 | 598 | 596 |
a. Compute the daily net advance-decline line for each of the five
b. Compute the cumulative advance-decline line for each day and the final value at the end of the week.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
