P9.7 You find the closing prices for a share you own. You want to use a 10-day

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P9.7 You find the closing prices for a share you own. You want to use a 10-day moving average to monitor the share. Calculate the 10-day moving average for days 11 through 20.

Based on the data in the table below, are there any signals you should act on? Explain.

Day Closing Price Day Closing Price 1 $25.25 11 $30.00 2 26.00 12 30.00 3 27.00 13 31.00 4 28.00 14 31.50 5 27.00 15 31.00 6 28.00 16 32.00 7 27.50 17 29.00 8 29.00 18 29.00 9 27.00 19 28.00 10 28.00 20 27.00 Visit www.pearson.com.au/myfinancelab for web exerci

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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