Comprehension
The given candlestick chart depicts the prices of a particular stock over 10 consecutive days. A candlestick comprises of a rectangular box pieced by a line. The top and bottom ends of the line respectively indicate the maximum and minimum prices of the stock on that day, while the horizontal edges of the rectangle correspond to the stock's opening and closing prices. If the rectangle is white, the opening price is lower than the closing price, but if the rectangle is black, then it is the other way around.
Using the above information, answer the questions that follow:
Question: 1
Which day saw the maximum percentage increase in the stock price at closing from the opening?
Which day saw the maximum percentage increase in the stock price at closing from the opening?
Updated On: Aug 9, 2024
- Day 2
- Day 10
- Day 1
- Day 7
- Day 6
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The Correct Option is C
Solution and Explanation
The correct answer is option (C):Day 1
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Question: 2
What is the highest magnitude of change over two consecutive days (for example, Day 1 → Day 3 or Day 5 → Day 7), in the maximum price touched by the stock during the 10-day period (choose the closest amongst the options given)?
What is the highest magnitude of change over two consecutive days (for example, Day 1 → Day 3 or Day 5 → Day 7), in the maximum price touched by the stock during the 10-day period (choose the closest amongst the options given)?
Updated On: Aug 9, 2024
- 70
- 80
- 50
- 60
- 40
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The Correct Option is A
Solution and Explanation
The correct answer is option (A):70
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Question: 3
On which day is the ratio of the maximum price to the opening price, the highest across the ten days?
On which day is the ratio of the maximum price to the opening price, the highest across the ten days?
Updated On: Aug 9, 2024
- Day 1
- Day 3
- Day 9
- Day 4
- Day 10
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The Correct Option is
Solution and Explanation
The correct answer is option (E):Day 10
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