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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.)

Please help!!

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 Friday

Explanation / 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

Stocks advancing V
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