Multiple Choice
On November 22,2009 the stock price of WalMart was $39.50 and the retailer stock index was 600.30.On November 25,2009 the stock price of WalMart was $40.25 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
Correct Answer:
Verified
Correct Answer:
Verified
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