From the data below for Apple (AAPL) stock, calculate the upper and lower Bollinger bands, which represent plus (or minus) two standard deviations of the 20-day simple moving average added (subtracted) from the 20-day simple moving average. If the daily price approaches or exceeds the upper Bollinger band, traders will look for a continued upward movement in the stock price. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Date AAPL Close 20-Day Simple Moving Average Standard Deviation of 20-Day Moving Average Lower Bollinger Band Upper Bollinger Band 3/26/2019 186.96 181.05 3.57 3/27/2019 188.64 181.67 3.77 3/28/2019 188.89 182.35 3.97 3/29/2019 190.12 183.13 4.17 4/1/2019 191.41 183.88 4.37 4/2/2019 194.19 184.65 4.56 4/3/2019 195.52 185.57 4.74 4/4/2019 195.86 186.62 4.89 4/5/2019 197.17 187.78 5.03 4/8/2019 200.27 188.98 5.16 4/9/2019 199.67 190.04 5.27 4/10/2019 200.79 190.97 5.36 4/11/2019 199.12 191.91 5.42 4/12/2019 199.04 192.68 5.44
From the data below for Apple (AAPL) stock, calculate the upper and lower Bollinger bands, which represent plus (or minus) two standard deviations of the 20-day simple moving average added (subtracted) from the 20-day simple moving average. If the daily price approaches or exceeds the upper Bollinger band, traders will look for a continued upward movement in the stock price. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Date AAPL Close 20-Day Simple Moving Average Standard Deviation of 20-Day Moving Average Lower Bollinger Band Upper Bollinger Band 3/26/2019 186.96 181.05 3.57 3/27/2019 188.64 181.67 3.77 3/28/2019 188.89 182.35 3.97 3/29/2019 190.12 183.13 4.17 4/1/2019 191.41 183.88 4.37 4/2/2019 194.19 184.65 4.56 4/3/2019 195.52 185.57 4.74 4/4/2019 195.86 186.62 4.89 4/5/2019 197.17 187.78 5.03 4/8/2019 200.27 188.98 5.16 4/9/2019 199.67 190.04 5.27 4/10/2019 200.79 190.97 5.36 4/11/2019 199.12 191.91 5.42 4/12/2019 199.04 192.68 5.44
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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From the data below for Apple (AAPL) stock, calculate the upper and lower Bollinger bands, which represent plus (or minus) two standard deviations of the 20-day simple moving average added (subtracted) from the 20-day simple moving average. If the daily price approaches or exceeds the upper Bollinger band, traders will look for a continued upward movement in the stock price. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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