You are given the following information for the number of stocks making new highs and new lows
Question:
You are given the following information for the number of stocks making new highs and new lows for each day:
Day _____________New Highs ________New Lows
1 (yesterday) ............ 117 ........................ 22
2 ................................. 95 ........................ 34
3 ................................. 84 ........................ 41
4 ................................ 64 ......................... 79
5 ............................... 53 ......................... 98
6 ............................... 19 .........................101
7 ............................... 19 ........................ 105
8 .............................. 18 ........................ 110
9 .............................. 19 ......................... 90
10 ........................... 22 .......................... 88
a. Calculate the 10-day moving-average NH-NL indicator.
b. If there are 120 new highs and 20 new lows today, what is the new 10-day moving-average NH NL indicator?
StocksStocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Step by Step Answer:
a Day New Highs New Lows NHNL Indicator 1 117 22 95 2 95 34 61 3 84 ...View the full answer
Fundamentals Of Investing
ISBN: 9780134083308
13th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
