Data on a stock's closing price and its price change for the last 14 trading days appears in this table:
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a. Over this 14-day period, what is the average gain on up days?
(Note:
to calculate the average, divide the sum of all gains by 14, not the number of days on which the stock went up.)
b. Over this 14-day period, what is the average loss on down days?
c. What is the RSI?
d. Is the RSI sending a strong buy or sell signal?
I hope my efforts will be fruitful to you....?
Data on a stock's closing price and its price change for the last 14 trading days...