Question

Use the data below to construct the advance/decline line for the stock market. Volume figures are in thousands of shares. (Input all amounts as positive values. Do not round intermediate calculations. Round your answers to the nearest whole number.)

	Stocks Advancing	Advancing Volume	Stocks Declining	Declining Volume
Monday	1,988	833,923	1,813	689,095
Tuesday	1,911	728,360	1,281	451,361
Wednesday	1,994	624,369	1,821	720,416
Thursday	2,475	1,109,380	545	173,827
Friday	1,628	510,742	1,467	497,585

Adv/Dec Cumulative

Monday
Tues
Wed
Thurs
Fri

Answer 1

Days	Adv. / Dec.	Cumulative
Monday	175	175
Tuesday	630	805
Wednesday	173	978
Thursday	1,930	2,908
Friday	161	3,069

  

Calculation

For Monday

Adv. / Dec = 175 [1,988 – 1,813]

Cumulative = 175

For Tuesday

Adv. / Dec = 630 [1911 – 1281]

Cumulative = 805 [175 + 630]

For Wednesday

Adv. / Dec = 173 [1994 – 1821]

Cumulative = 978 [805 + 173]

For Thursday

Adv. / Dec = 1930 [2475 – 545]

Cumulative = 2908 [978 + 1930]

For Friday

Adv. / Dec = 161 [1628 – 1467]

Cumulative = 3069 [2908 + 161]