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On November 22,1991 the Stock Price of K-Mart Was $39

Question 9

Multiple Choice

On November 22,1991 the stock price of K-Mart was $39.50 and the retailer stock index was 600.30.On November 25,1991 the stock price of K-mart was $40.25 and the retailer stock index was 605.20.Consider the ratio of K-Mart to the retailer index at November 22 and November 25.K-Mart 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

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