Technical Analysis

A resistance level is: I. above the current market price of the stock II. below the current market price of the stock III. a point through which the stock's price tends not to rise IV. a point through which the stock's price tends not to fall

I and III

Which of the following are an indicators of "market sentiment"? I. Put / Call Ratio II. Trading volume III. Advance / Decline Ratio IV. Price range

I and III only

Which of the following technical indicators would be considered to be bullish? I. Saucer formation II. Inverted Saucer formation III. Odd lot purchases IV. Odd lot sales

I and IV

To evaluate investor sentiment, a technical analyst would examine which of the following? I. Odd lot transactions II. Put / Call ratio III. Revised corporate earning reports IV. Short Interest figures

I, II, IV

A head and shoulders "top" formation is: I. bullish II. bearish III. a reverse upward trend IV. a reverse downward trend

II and III

An inverted "saucer" formation is: I. bullish II. bearish III. a reverse upward trend IV. a reverse downward trend

II and III

A technical analysts would evaluate what?

Moving averages; chart formations; advance/decline ratios

To evaluate investor sentiment, a technical analyst would examine what?

Put/Call Ratio; Short Interest Figures; Odd Lot Transactions

If a technical analyst sees stock prices rise repeatedly to a certain level, from which they start falling again, then a market:

"top" has been formed and stock prices can be expected to fall over the long-term

A technical analysts would consider what?

Advance/Decline Theory

What is an indicator of "market sentiment"?

number of bullish investors versus number of bearish investors; advance/decline ratio and the put/call ratio

A "saucer" formation is a(n):

reverse downward trend

A head and shoulder "top" formation is a(n):

reverse upward trend

An "inverted saucer" formation is a(n):

reverse upward trend

The NASDAQ Market Diary shows the following: Market Diary Total Issues 4,037 Advanced 1,002 Declined 2,103 Unchanged 332 New Highs 103 New Lows 55 Total Vol 3,503,889,000 The Advance/Decline Ratio is:

1:2

NYSE MARKET DIARY Yesterday Prev. Day Advanced 1677 827 Declined 863 1757 Unchanged 455 388 Total Issues 2995 2972 New Highs 31 13 New Lows 11 78 The ratio of advances to declines that occurred yesterday is:

2:1

What does the Advance/Decline Ratio show?

Breadth of the market; market sentiment; number of issues that increased in price versus number of issues that decreased in price

What technical indicator is considered to be bullish?

Breakout through a resistance level

An extended period where there is no discernible trend in prices is termed:

Consolidation

When the market is reaching an "oversold" condition, which of the following statements are TRUE? I. Market price averages are decreasing daily II. Market price averages are increasing daily III. The number of declining issues is decreasing relative to the number of advancing issues IV. The number of declining issues is rising relative to the number of advancing issues

I and III

A "saucer" formation is: I. bullish II. bearish III. a reverse upward trend IV. a reverse downward trend

I and IV

A support level is: I. above the current market price of the stock II. below the current market price of the stock III. a point through which the stock's price tends not to rise IV. a point through which the stock's price tends not to fall

II and IV

The "Monetary Environment" is a reflection of which of the following? I. Stock trading volumes II. Stock price levels III. Monetary policy IV. Fiscal policy

III and IV only

The market price average is increasing daily, however, the level of advances relative to declines is falling. The market is reaching a(n):

Overbought condition