Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
The following table contains data on market advances and declines. Market advances and declines Day Advances (in millions) Declines (in millions) 1 916 708 2
| The following table contains data on market advances and declines. |
| Market advances and declines | ||
| Day | Advances (in millions) | Declines (in millions) |
| 1 | 916 | 708 |
| 2 | 657 | 1,003 |
| 3 | 719 | 799 |
| 4 | 514 | 978 |
| 5 | 507 | 1,042 |
| 6 | 952 | 714 |
| 7 | 1,015 | 611 |
| 8 | 913 | 730 |
| 9 | 860 | 738 |
| 10 | 776 | 776 |
| 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. | Whether this technical signal is bullish or bearish. | ||||
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started