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You find the closing prices for a stock you own. You want to use a 10-day moving average to monitor the stock. Calculate the 10-day
You find the closing prices for a stock you own. You want to use a 10-day moving average to monitor the stock. Calculate the 10-day moving average for days 11 through 20. Based on the data in the table, 6 are there any signals you should act on? Explain. The 10-day moving average for Day 11 is 5 (Round to the nearest cent.) The 10-day moving average for Day 12 is $ . (Round to the nearest cent.) The 10-day moving average for Day 13 is $ . (Round to the nearest cent.) The 10-day moving average for Day 14 is $ . (Round to the nearest cent.) X i Data Table The 10-day moving average for Day 15 is $ . (Round to the nearest cent.) The 10-day moving average for Day 16 is $ - (Round to the nearest cent.) in order to copy the contents of the data table below The 10-day moving average for Day 17 is $(Round to the nearest cent.) (Click on the icon here into a spreadsheet.) Day The 10-day moving average for Day 18 is $ . (Round to the nearest cent.) Day 11 The 10-day moving average for Day 19 is $ . (Round to the nearest cent.) The 10-day moving average for Day 20 is $ . (Round to the nearest cent.) Based on the data in the table, are there any signals you should act on? Explain. (Select the best choice below.) Closing Price $25.68 $26.38 $26.51 $28.44 $27.37 $28.39 $27.23 $28.66 $26.55 $27.54 Closing Price $30.39 $29.87 $30.97 $31.74 $31.35 $31.68 $29.21 $28.97 $28.02 $27.16 8 9 18 1 9 A. The price fell below the 10-day moving average on day 17, which is a sell signal. B. The price rose above the 10-day moving average on day 17, which is a sell signal. C. The price rose above the 10-day moving average on day 17, which is a buy signal. D. The price fell below the 10-day moving average on day 17, which is a buy signal. Print Done
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