Question
The following table contains data on market advances and declines. Market Advances and Declines Day Advances (in millions) Declines (in millions) 1 923 707 2
The following table contains data on market advances and declines.
| Market Advances and Declines | ||
| Day | Advances (in millions) | Declines (in millions) |
| 1 | 923 | 707 |
| 2 | 706 | 1,038 |
| 3 | 741 | 806 |
| 4 | 528 | 985 |
| 5 | 514 | 1,024 |
| 6 | 984 | 728 |
| 7 | 1,022 | 623 |
| 8 | 920 | 741 |
| 9 | 867 | 745 |
| 10 | 783 | 783 |
|
| ||
a. Calculate cumulative breadth. (Enter your answers in millions. Negative amounts should be indicated by a minus sign.)
| Day | Cumulative Breadth (in millions) |
| 1 | |
| 2 | |
| 3 | |
| 4 | |
| 5 | |
| 6 | |
| 7 | |
| 8 | |
| 9 | |
| 10 | |
|
| |
b. Is this technical signal bearish or bullish?
| Bearish | |
| Bullish |
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Finance Bundling And Finance Transformation
Authors: Frank Keuper, Kai-Eberhard Lueg
1st Edition
3658042109, 978-3658042103
