The daily open, high, low, and close for two stocks, Biosite Inc. (BSTE) and Coca-Cola (KO), for

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The daily open, high, low, and close for two stocks, Biosite Inc. (BSTE) and Coca-Cola (KO), for April 15–May 13, 2005, are given in thefollowing table.

a. Calculatethefive-day ATR for thetwo stocks for this time period.

b. Comparethe volatility of thetwo stocks given the ATR.

c. How would these ATRs impact the filter you would want to use for a breakout for each of these stocks?

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