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eBook Problem 5 - 0 9 Assume the following daily closings for the Dow Jones Industrial Average: Day DJIA Day DJIA 1 1 3 ,

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Problem 5-09
Assume the following daily closings for the Dow Jones Industrial Average:
Day DJIA Day DJIA
113,030713,250
213,140813,160
313,155913,240
413,1201013,330
513,1001113,250
613,1101213,350
Calculate a four-day moving average for Days 4 through 12. Round your answers to two decimal places.
Day Moving average
4
5
6
7
8
9
10
11
12
Assume that the index on Day 13 closes at 13,335. Would this signal a buy or sell decision?
This would signal a
-Select-
decision.

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