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p 5-09 Assume the following daily closings for the Dow Jones Industrial Average: Day DJIA Day DJIA 1 13,015 7 13,180 2 13,110 8 13,150

p 5-09

Assume the following daily closings for the Dow Jones Industrial Average:

Day DJIA Day DJIA
1 13,015 7 13,180
2 13,110 8 13,150
3 13,190 9 13,280
4 13,050 10 13,320
5 13,035 11 13,240
6 13,150 12 13,300

  1. 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

  2. Assume that the index on Day 13 closes at 13,285. Would this signal a buy or sell decision?

    This would signal a -Select-buy OR Sell decision.

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