Type the answers with a screen capture of chart. Produce a daily OHLC bar or Candlestick price chart on PTC us stock. Then, add (1) Two moving averages (it can be simple moving averages or exponential moving averages, with one faster and one slower). You can choose any parameter (number of days, simple or exponential) you prefer. (2) Trend lines over the period covered. It can be up trend line, down trend line or channel that you observe from the chart. (3) Technical indicator(s) such as RSI or MACD. Note: after done the drawing, capture the screen and save as picture and then work with your saved pictures. Can use ANY charting app. On the chart, 1. Identify and mark the current key support and resistance levels. They should include the immediate support/resistance level and the next support/resistance levels. "Current" means you are focusing on the current or latest price level, do not mention the support or resistance levels when the price was, say, several months ago in the earlier part of the chart. However, if these past support or resistance levels are important, they can be used for current support/resistance and price targets. Note: support and resistance can be determined from trend lines, price movement, price pattern, moving averages etc. 2. Is there any trading signal given by the RSI or MACD over the PAST period you covered? Give one example of long OR short signal and explain. For example, you may identify a bullish divergence or MA crossover in the middle of the chart. (you should be able to find any one such trading signal in the past) 3. Apply any technical analysis tool and patterns analysis (note the cluster of evidence is important), look through the chart to identify and comment on any buy or sell signal with respect to the current price (the last or latest bar on the chart), or would stay neutral at the current price. That is, you have to make prediction about the future direction of the price. Then, suggest a trading strategy: the entry price level (with reasons) and the exit price level for both profit-taking price target(s) and for stop loss price (with reasons). If you would like to stay neutral or wait for further confirmation, you may suggest what important levels to watch and potential action to take.

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter8: Time Series Analysis And_forecasting
Section: Chapter Questions
Problem 22P: Consider the following time series: a. Construct a time series plot. What type of pattern exists in...
icon
Related questions
Question
Type the answers with a screen capture of chart.
Produce a daily OHLC bar or Candlestick price chart on PTC us stock. Then, add
(1) Two moving averages (it can be simple moving averages or exponential moving
averages, with one faster and one slower). You can choose any parameter (number
of days, simple or exponential) you prefer.
(2) Trend lines over the period covered. It can be up trend line, down trend line or
channel that you observe from the chart.
(3) Technical indicator(s) such as RSI or MACD.
Note: after done the drawing, capture the screen and save as picture and then work
with your saved pictures. Can use ANY charting app.
On the chart,
1. Identify and mark the current key support and resistance levels. They should
include the immediate support/resistance level and the next support/resistance
levels. "Current" means you are focusing on the current or latest price level, do not
mention the support or resistance levels when the price was, say, several months
ago in the earlier part of the chart. However, if these past support or resistance
levels are important, they can be used for current support/resistance and price
targets. Note: support and resistance can be determined from trend lines, price
movement, price pattern, moving averages etc.
2. Is there any trading signal given by the RSI or MACD over the PAST period you
covered? Give one example of long OR short signal and explain. For example, you
may identify a bullish divergence or MA crossover in the middle of the chart. (you
should be able to find any one such trading signal in the past)
3. Apply any technical analysis tool and patterns analysis (note the cluster of
evidence is important), look through the chart to identify and comment on any buy
or sell signal with respect to the current price (the last or latest bar on the chart), or
would stay neutral at the current price. That is, you have to make prediction about
the future direction of the price. Then, suggest a trading strategy: the entry price
level (with reasons) and the exit price level for both profit-taking price target(s) and
for stop loss price (with reasons). If you would like to stay neutral or wait for further
confirmation, you may suggest what important levels to watch and potential action
to take.
Transcribed Image Text:Type the answers with a screen capture of chart. Produce a daily OHLC bar or Candlestick price chart on PTC us stock. Then, add (1) Two moving averages (it can be simple moving averages or exponential moving averages, with one faster and one slower). You can choose any parameter (number of days, simple or exponential) you prefer. (2) Trend lines over the period covered. It can be up trend line, down trend line or channel that you observe from the chart. (3) Technical indicator(s) such as RSI or MACD. Note: after done the drawing, capture the screen and save as picture and then work with your saved pictures. Can use ANY charting app. On the chart, 1. Identify and mark the current key support and resistance levels. They should include the immediate support/resistance level and the next support/resistance levels. "Current" means you are focusing on the current or latest price level, do not mention the support or resistance levels when the price was, say, several months ago in the earlier part of the chart. However, if these past support or resistance levels are important, they can be used for current support/resistance and price targets. Note: support and resistance can be determined from trend lines, price movement, price pattern, moving averages etc. 2. Is there any trading signal given by the RSI or MACD over the PAST period you covered? Give one example of long OR short signal and explain. For example, you may identify a bullish divergence or MA crossover in the middle of the chart. (you should be able to find any one such trading signal in the past) 3. Apply any technical analysis tool and patterns analysis (note the cluster of evidence is important), look through the chart to identify and comment on any buy or sell signal with respect to the current price (the last or latest bar on the chart), or would stay neutral at the current price. That is, you have to make prediction about the future direction of the price. Then, suggest a trading strategy: the entry price level (with reasons) and the exit price level for both profit-taking price target(s) and for stop loss price (with reasons). If you would like to stay neutral or wait for further confirmation, you may suggest what important levels to watch and potential action to take.
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Knowledge Booster
Rate Of Return
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials of Business Analytics (MindTap Course …
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning