Question

Look at the chart showing the daily stock data for WebTrend Inc.’s stock over the past month, and read this stock analyst’s view of the stock:

10 points !
Stock analyst: There is a downward trend of the data with the peak price achieved on March 13. Investors are interested in WebTrend Inc. as demonstrated by the increase in trading volume.

Which statement is a fair conclusion based on the chart and the analyst’s comments about the WebTrend stock?
A.
The stock price increased and volume decreased on April 3.
B.
One month is not enough time to determine whether the price is at a low.
C.
The price has been falling, so an investor can assume it will begin to rise again soon.
D.
When the price change is negative for the day, an investor can assume the trading volume will decrease.

Answer 1

One month is not enough time to determine whether the price is at a low.

Step-by-step explanation:

Answer 2

Answer: The answer to this question is B if you are taking the test on Plato.