Question: The table presents price data for Computers, Inc., and a computer industry index. Does Computers, Inc., show relative strength over this period? Use again
The table presents price data for Computers, Inc., and a computer industry index. Does Computers, Inc., show relative strength over this period? Use again the data in above table to compute a 5-day moving average for Computers, Inc. Can you identify any buy or sell signals? Trading Day 123 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Computers, Inc. 19.63 988222 Relative strength and moving average: 20 20.50 21.13 21.88 22.50 23.13 23.88 24,50 23.25 22.13 22 20.63 20.25 19.75 18.75 17.50 19 Industry Index 50.0 50.1 50.5 50.4 51.0 50.7 50.5 51.1 51.5 51.7 51.4 51.7 52.2 52.0 53.1 53.5 53.9 53.6 52.9 53.4 Trading Day 21 7222888-32588889 24 26 30 31 33 34 36 40 Computers, Inc. 19.63 21.50 22 23.13 24 25.25 26.25 27 27.50 28 28.50 28 27.50 29 29,25 29.50 30 28.50 27.75 28 Industry Index 54.1 54.0 53.9 53.7 54.8 54.5 $4.6 54.1 54.2 54.8 54.2 54,8 54.9 55.2 55.7 56.1 56.7 56.7 56.5 56.1
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