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  3. refer to the data from the wall street journal in

Refer to the data from The Wall Street Journal in Figure 9.7. Required: a....

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Finance

Refer to the data from The Wall Street Journal in Figure 9.7.

image

Required:

a. Calculate the trin ratio for NASDAQ. (Do not round intermediate calculations. Round your answer to 4 decimal places.)

b. Is the trin ratio bullish or bearish? multiple choice

  • Bearish

  • Bullish

c. Calculate breadth for NASDAQ using the data in Figure 9.7.

Advances Declines Net Advancing
Breadth

d. Is the signal bullish or bearish? multiple choice

  • Bullish

  • Bearish

FIGURE 9.7 Market Diary for October 9, 2019 NYSE 1,909 998 112 3,019 NASDAQ 1,899 1,188 122 3,209 Issues Advancing Declining Unchanged Total Share Volume Advancing Declining Unchanged Total 1,845,558,885 840,517,406 59,404,565 2,745,480,856 1,048,588,823 481,967,808 16,803,614 1,547,360,245 Source: The Wall Street Journal Online, October 10, 2019

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