Question
On day 1, the stock price of Ford was $12 and the automotive stock index was 127. On day 2, the stock price of Ford
On day 1, the stock price of Ford was $12 and the automotive stock index was 127. On day 2, the stock price of Ford was $10 and the automotive stock index was 130. Consider the ratio of Ford to the automotive stock index at day 1 and day 2. Ford is __________ the automotive industry, and technical analysts who follow relative strength would advise __________ the stock
| outperforming; buying | |
| outperforming; selling | |
| underperforming; buying | |
| underperforming; selling |
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
