Select one of the stocks chosen for inclusion in your initial stock portfolio. (Cisco System was the stock chosen).

Complete a technical analysis on your selected stock. Your analysis may involve any one or more of the technical measures listed below:

Dow Theory

Moving averages

Candlestick charts

Odd-Lot Theory

Put-Call Ratio

Short Sales

Volume indicators

Advance-decline lines

Bollinger bands

Complete the following tasks:

Assess the current price in relation to the technical indicator(s).

Assess whether corporation's stock price reflects a "random walk" or if there are patterns in its time series of prices. Review three to five years of data.

Complete a review of news or events that could have caused investor overreaction in regard to stock prices. Address major changes in stock prices of the investment over the last 3 three years.

Answer the question:

Do you believe efficient markets render technical analysis ineffective in earning consistent abnormal returns?

Write a 3-4 page analysis.

Action Items 1. Select one of the stocks chosen for inclusion in your initial stock portfolio. (Cisco System was the stock chosen). 2. Complete a technical analysis on your selected stock. Your analysis may involve any one or more of the technical measures listed below: a. Dow Theory b. Moving averages c. Candlestick charts d. Odd-Lot Theory e. Put-Call Ratio f. Short Sales g. Volume indicators h. Advance-decline lines i. Bollinger bands 3. Complete the following tasks: a. Assess the current price in relation to the technical indicator(s). b. Assess whether corporation's stock price reflects a "random walk" or if there are patterns in its time series of prices. Review three to five years of data. c. Complete a review of news or events that could have caused investor overreaction in regard to stock prices. Address major changes in stock prices of the investment over the last 3 three years. d. Answer the question: Do you believe efficient markets render technical analysis ineffective in earning consistent abnormal returns? 4. Write a 3-4 page analysis