Please show how you got to this answer.
Assume the following daily closings for the Dow Jones Industrial Average:
|
Day
|
DJIA
|
Day
|
DJIA
|
|
1
|
13010
|
7
|
13220
|
|
2
|
13100
|
8
|
13130
|
|
3
|
13165
|
9
|
13250
|
|
4
|
13080
|
10
|
13315
|
|
5
|
13070
|
11
|
13240
|
|
6
|
13150
|
12
|
13310
|
a. Calculate a four-day moving average for Days 4 through 12.
b. Assume that the index on Day 13 closes at 13,300. Would this signal a buy or sell decision?