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A stock technical analyst uses smoothing methods to predict stock prices. The following table contains the monthly price information for Walmart. Date Price 11/29/2019 117.04
A stock technical analyst uses smoothing methods to predict stock prices. The following table contains the monthly price information for Walmart.
Date | Price |
11/29/2019 | 117.04 |
12/31/2019 | 117.32 |
1/31/2020 | 113.02 |
2/28/2020 | 106.30 |
3/31/2020 | 112.66 |
4/30/2020 | 120.52 |
5/31/2020 | 123.55 |
6/30/2020 | 119.29 |
7/31/2020 | 128.87 |
8/31/2020 | 138.85 |
9/30/2020 | 139.91 |
10/31/2020 | 138.75 |
What is the predicted share price for October 31, 2020 if this technical analyst uses a 4-month moving average method?
A. | $131.73 | |
B. | $136.60 | |
C. | $133.13 | |
D. | $130.09 |
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