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P9.13 (similar to) Data on a stock's closing price and its price change for the last 14 trading days appears in this table: a. Over
P9.13 (similar to) Data on a stock's closing price and its price change for the last 14 trading days appears in this table: a. Over this 14-day period, what is the average gain on up days? (Note: to calculate the average, divide the sum of all gains by 14, not the number of days on which the stock went up.) b. Over this 14-day period, what is the average loss on down days? c. What is the RSI? d. Is the RSI sending a strong buy or sell signal? Price Decrease Price Increase $0.13 $0.31 $0.11 S0.79 $0.34 Day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Closing Price $22.54 $22.23 $22.34 $23.13 $22.79 $23.43 $23.77 $23.71 $24.07 $24.26 $23.96 $24.61 $25.28 $25.06 Price Change + $0.13 - $0.31 + $0.11 + $0.79 - $0.34 + $0.64 + $0.34 - $0.06 + $0.36 + $0.19 - $0.30 + $0.65 + $0.67 - $0.22 $0.64 SO.34 $0.06 $0.36 S0.19 $0.30 $0.65 S0.67 $0.22
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