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 $ 38.35 Tuesday 38.17 Wednesday 37.77 Thursday 38.03 Friday 37.29 2 Monday 37.46 Tuesday 37.53 Wednesday 37.57 Thursday 38.26 Friday 38.36 3 Monday 38.29 Tuesday 38.45 Wednesday 38.78 Thursday 38.93 Friday 38.76
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 $ 38.35 Tuesday 38.17 Wednesday 37.77 Thursday 38.03 Friday 37.29 2 Monday 37.46 Tuesday 37.53 Wednesday 37.57 Thursday 38.26 Friday 38.36 3 Monday 38.29 Tuesday 38.45 Wednesday 38.78 Thursday 38.93 Friday 38.76
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text: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
$ 38.35
Tuesday
Wednesday
Thursday
38.17
37.77
38.03
IHI!
Friday
37.29
Monday
37.46
Tuesday
37.53
Wednesday
37.57
Thursday
38.26
Friday
38.36
Monday
38.29
Tuesday
38.45
Wednesday
38.78
Thursday
38.93
Friday
38.76
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