Use the data below to construct the advance/decline line for the stock market. V
ID: 3009201 • Letter: U
Question
Use the data below to construct the advance/decline line for the stock market. Volume figures are in thousands of shares and are from November 2–6, 2009. (Input all amounts as positive values.)
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1. value: 5.77 points Use the data below to construct the advance/decline line for the stock market. Volume figures are in thousands of shares and are from November 2-6, 2009. (Input all amounts as positive values.) Stocks Advancing Stocks Declining Advancing Volume DecliningVolume Monday Tuesday Wednesday Thursday Friday 1,772 1,764 1,778 2,499 ,105,356 1,580 829,713 828,360 623,869 1,603 1,349 1,611 541 687,046 448,665 720,004 173,415 1,463 498,085 509,766 Adv./Dec Cumulative Monday Tuesday Wednesday Thursday FridayExplanation / Answer
Adv/Dec line= (number of advancing stocks - number of decking stocks) + previous periods A/D line value
Monday : (1772-1603) = 169
Tuesday : (1764 - 1349) + 169
= 415+169
=584
Wednesday : (1778 - 1611) + 584
= 167+584
= 751
Thursday : (2499 - 541) + 751
= 1958+751
2709
Friday : (1580 -1463) + 2709
= 117+2709
2826
Final result is
Monday - 169
Tuesday - 584
Wednesday - 751
Thursday. - 2709
Friday - 2826
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