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2 . Select a stock traded on the NYSE and construct a daily high, low, and close bar chart for it that includes its volume

2. Select a stock traded on the NYSE and construct a daily high, low, and close bar chart for it that includes its volume of trading for 10 consecutive trading days.
a. Compute the relative-strength ratio for the stock relative to the S&P 500 Index. Prepare a table that includes all the data and indicates the computations.
b. Plot the RSI computed in part (a) on your bar chart. Note that the assignment in Canvas provides a template for computing RSI.
c. Discuss whether the stock's relative strength is bullish or bearish. Do it in excel. Here is an excel file you can use. Date QQQQ Close Change Gain Loss Avg Gain Avg Loss RS 14-day RSI
114-Dec-0944.34
215-Dec-0944.09-0.250.25
316-Dec-0944.150.060.06
417-Dec-0943.61-0.540.54
518-Dec-0944.330.720.72
621-Dec-0944.830.500.50
722-Dec-0945.100.270.27
823-Dec-0945.420.330.33
924-Dec-0945.840.420.42
1028-Dec-0946.080.240.24
1129-Dec-0945.89-0.190.19
1230-Dec-0946.030.140.14
1331-Dec-0945.61-0.420.42
144-Jan-1046.280.670.67 RS RSI
155-Jan-1046.280.240.102.3970.53
166-Jan-1046.00-0.280.280.220.111.9766.32
177-Jan-1046.030.030.030.210.101.9966.55
188-Jan-1046.410.380.380.220.102.2769.41
1911-Jan-1046.22-0.190.190.200.101.9766.36
2012-Jan-1045.64-0.580.580.190.141.3857.97
2113-Jan-1046.210.570.570.220.131.7062.93
2214-Jan-1046.250.040.040.200.121.7263.26
2315-Jan-1045.71-0.540.540.190.151.2856.06
2419-Jan-1046.450.740.740.230.141.6662.38
2520-Jan-1045.78-0.670.670.210.181.2154.71
2621-Jan-1045.35-0.430.430.200.191.0250.42
2722-Jan-1044.03-1.331.330.180.270.6739.99
2825-Jan-1044.180.150.150.180.260.7141.46
2926-Jan-1044.220.040.040.170.240.7241.87
3027-Jan-1044.570.350.350.180.220.8345.46
3128-Jan-1043.42-1.151.150.170.290.5937.30
3229-Jan-1042.66-0.760.760.160.320.4933.08
331-Feb-1043.130.470.470.180.300.6137.77
Note: The smoothing process affects RSI values. RS values are smoothed after the first calculation. Average Loss equals the sum of the losses divided by 14 for the first calculation. Subsequent calculations multiply the prior value by 13, add the most recent value and then divide the total by 14. This creates a smoothing affect. The same applies to Average Gain. Because of this smoothing, RSI values may differ based on the total calculation period. 250 periods will allow for smoothing than 30 periods and this will slightly affect RSI values. Stockcharts.com goes back 250-days when possible. If Average Loss equals zero, a "divide by zero" situation occurs for RS and RSI is set to 100 by definition. Similarly, RSI equals 0 when Average Gain equals zero.

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