Part 1 Kindly see information given for the T&T Stock exchange over the last 3...
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Part 1 Kindly see information given for the T&T Stock exchange over the last 3 days. Day No. of Stocks nising in Price 1 350 2. 275 3 260 No. of Stocks falling in Price 150 225 240 Volume shares Volume shares rising in Price falling in price 850 million 420 million 450 million 725 million 850 million 420 million Which days would you consider bullish or bearish? Explain using the TRIN ratio. (6 Marks) Explain the concept of moving average and how it aids decision making. (4 Marks) Assume the following daily closings for the Dow Jones Industrial Average: Day DJIA 1 13,010 2 13,100 3 13,165 4 13,080 5 13,070 6 13,150 Day 7 8 9 10 11 12 DJIA 13,220 13,130 13,250 13,315 13,240 13,310 a Calculate a four-day moving average for Days 4 through 12. (10 marks) b. Assume that the index on Day 13 closes at 13,300. Would this signal a buy or sell? Explain
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