Technical analysts-relative strength

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On day 1, the stock price of Ford was $12 and the automotive stock index was 127. On day 2, the stock price of Ford was $10 and the automotive stock index was 130. Consider the ratio of Ford to the automotive stock index at day 1 and day 2. Ford is __________ the automotive industry, and technical analysts who follow relative strength would advise __________ the stock

  • outperforming; buying
  • outperforming; selling
  • underperforming; buying
  • underperforming; selling

Reference no: EM131041321

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