Medical Industry Stock – Pfizer Inc. – (PFE)
Complete a technical analysis on your selected stock. Your analysis may involve any one or more of the technical measures listed below:
- Dow Theory
- Candlestick charts
- Odd-Lot Theory
- Put-Call Ratio
- Short Sales
- Volume indicators
- Advance-decline lines
- Bollinger bands
- Complete the following tasks:
- Assess the current price in relation to the technical indicator(s).
- Assess whether corporation’s stock price reflects a “random walk” or if there are patterns in its time series of prices. Review three to five years of data.
- Complete a review of news or events that could have caused investor overreaction in regard to stock prices. Address major changes in stock prices of the investment over the last 3 three years.
- Answer the question: Do you believe efficient markets render technical analysis ineffective in earning consistent abnormal returns? Get Finance homework help today