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On November 22, the stock price of Kathmandu was $69.50, and the retailer stock index was 600.30. On November 25, the stock price of Kathmandu
On November 22, the stock price of Kathmandu was $69.50, and the retailer stock index was 600.30. On November 25, the stock price of Kathmandu was $70.25, and the retailer stock index was 605.20. Consider the ratio of Kathmandu to the retailer index on November 22 and November 25. Kathmandu is _______ the retail industry, and technical analysts who follow relative strength would advise _______ the stock.
- a)outperforming; buying
- b)outperforming; selling
- c)underperforming; buying
- d)underperforming; selling
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