On November 22, 2012, the stock price of WalMart was $69.50 and the retailer stock index was 600.30.On November 25, 2012, the stock price of WalMart was $70.25 and the retailer stock index was 605.20.Consider the ratio of WalMart to the retailer index on November 22 and November 25.WalMart is _______ the retail industry, and technical analysts who follow relative strength would advise _______ the stock.
A)outperforming, buying
B)outperforming, selling
C)underperforming, buying
D)underperforming, selling
E)equally performing, neither buying nor selling

Question

Quizplus · Accepted Answer

11/22: $69.50/600.30 = 0.1158; 11/25: $70.25/605.20 = 0.1161; Thus, WalMart's relative strength is improving, and technicians using this technique would recommend buying.

On November 22, 2012, the Stock Price of WalMart Was