Below you will find the closing stock prices for Auction Makers over a three$-$week perlod. 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 Intermedlate calculations. Round your answers to $2$ decimal places.Problem $8-13$ Simple Moving Averages $($LO$4,$ CFA$3)$

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 Day Close

$1$ Monday $ $37\mathrm{.}83$

Tuesday $37\mathrm{.}65$

Wednesday $37\mathrm{.}25$

Thursday $37\mathrm{.}51$

Friday $36\mathrm{.}77$

$2$ Monday $36\mathrm{.}94$

Tuesday $37\mathrm{.}01$

Wednesday $37\mathrm{.}05$

Thursday $37\mathrm{.}74$

Friday $37\mathrm{.}84$

$3$ Monday $37\mathrm{.}77$

Tuesday $37\mathrm{.}93$

Wednesday $38\mathrm{.}26$

Thursday $38\mathrm{.}41$

Friday $38\mathrm{.}24$