Question
On day 1, the stock price of Ford was $15 and the automotive stock index was 135. On day 2, the stock price of Ford
On day 1, the stock price of Ford was $15 and the automotive stock index was 135. On day 2, the stock price of Ford was $12 and the automotive stock index was 139. 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.
| underperforming; selling | ||
| outperforming; selling | ||
| outperforming; buying | ||
| underperforming; buying |
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Financial Accounting A Focus On Interpretation And Analysis
Authors: Richard F Kochanek, A Douglas Hillman
7th Edition
1111061750, 9781111061753
