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Data on a stock's closing price and its price change for the last 14 trading days appears in this table: LOADING... . a. Over this
Data on a stock's closing price and its price change for the last 14 trading days appears in this table:
LOADING...
.
a. Over this 14-day period, what is the average gain on up days?
(Note:
to calculate the average, divide the sum of all gains by 14, not the number of days on which the stock went up.)
b. Over this 14-day period, what is the average loss on down days?
c. What is the RSI?
d. Is the RSI sending a strong buy or sell signal?
(Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Price Decrease Price Increase $0.14 Price Change + $0.14 $0.22 $0.04 $0.22 T + $0.69 $0.04 $0.69 + $0.19 $0.59 + Closing Price $22.50 $22.28 $22.32 $23.01 $22.82 $23.41 $23.83 $23.67 $24.02 $24.14 $23.99 $24.54 $25.17 $25.01 $0.42 + $0.16 + $0.35 $0.12 + $0.15 + $0.55 $0.63 + $0.16Step by Step Solution
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