Below you will find the closing stock prices for Auction Makers over a three-week period. Calculate the simple three-day and five-day moving averages for the stock and graph your results. Are there any technical Indications of the future direction of the stock price? Note: Do not round Intermediate calculations. Round your answers to 2 decimal places. Week Day 1 Monday Close $ 37.83 Tuesday 37.65 Wednesday 37.25 Thursday 37.51 Friday 36.77 2 Monday 36.94 Tuesday 37.01 Wednesday 37.05 Thursday 37.74 Friday 37.84 3 Monday 37.77 Tuesday 37.93 Wednesday 38.26 Thursday 38.41 Friday 38.24 Day 1 3-day 5-day 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Below you will find the closing stock prices for Auction Makers over a three-week period. Calculate the simple three-day and five-day moving averages for the stock and graph your results. Are there any technical Indications of the future direction of the stock price? Note: Do not round Intermediate calculations. Round your answers to 2 decimal places. Week Day 1 Monday Close $ 37.83 Tuesday 37.65 Wednesday 37.25 Thursday 37.51 Friday 36.77 2 Monday 36.94 Tuesday 37.01 Wednesday 37.05 Thursday 37.74 Friday 37.84 3 Monday 37.77 Tuesday 37.93 Wednesday 38.26 Thursday 38.41 Friday 38.24 Day 1 3-day 5-day 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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