Below are figures representing the number of stocks

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Below are figures representing the number of stocks making new highs and new lows for each month over a six-month period:

Month New Highs New Lows

July 117 22

August 95 34

September 84 41

October 64 79

November 53 98

December 19 101

How much is the new highs-new lows indicator and would a technical analyst consider the trend to be bullish or bearish?

Reference no: EM132386338

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