Week 1 2 3 Day Monday Tuesday Wednesday Thursday Friday Monday Tuesday Wednesday Thursday Friday Monday Tuesday Wednesday Thursday Friday Close $ 37.96 37.78 37.38 37.64 36.90 37.07 37.14 37.18 37.87 37.97 37.90 38.06 38.39 38.54 38.37

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
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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
1
2
3
Day
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Day
Monday
Tuesday
Wednesday
Thursday
Friday
Monday
Tuesday
Wednesday
Thursday
Friday
Monday
Tuesday
Wednesday
Thursday
Friday
3-day
5-day
Close
$37.96
37.78
37.38
37.64
36.90
37.07
37.14
37.18
37.87
37.97
37.90
38.06
38.39
38.54
38.37
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 1 2 3 Day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Day Monday Tuesday Wednesday Thursday Friday Monday Tuesday Wednesday Thursday Friday Monday Tuesday Wednesday Thursday Friday 3-day 5-day Close $37.96 37.78 37.38 37.64 36.90 37.07 37.14 37.18 37.87 37.97 37.90 38.06 38.39 38.54 38.37
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