Calculate a four-day moving average for days four

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Reference no: EM13924165

Assume the following daily closings for the Dow Jones Industrial  Average:

Day

DJIA

Day

DJIA

1

13,010

7

13,220

2

13,100

8

13,130

3

13,165

9

13,250

4

13,080

10

13,315

5

13,070

11

13,240

6

13,150

12

13,310

a. Calculate a four-day moving average for Days 4 through  12.

b. Assume that the index on Day 13 closes at 13,300. Would this signal a buy or sell decision?

Reference no: EM13924165

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