Discussion - Technical analysis may
Question # 00838283
Posted By:
Updated on: 02/07/2023 09:23 PM Due on: 02/08/2023
Discussion.
Technical analysis may help you understand the historical data. In Week 2 you identified a security and explored standard deviation and beta for this security. Now locate the 50-day, 100-day, and 200-day moving average of this security price at a site such as www.finance.yahoo.com. Based solely on each average, should you be a buyer or a seller? Do all three averages confirm the implied direction of change in the price of each stock? What is the benefit of technical analysis? What are its limitations?
Post a brief summary of technical analysis in the context of your findings of moving averages. Can you time buying or selling of stocks based on technical analysis?
APA format
-
Rating:
/5
Solution: Discussion - Technical analysis may