Question 4 Final
Question 4 Final
During the period from November 24, 2023 to February 26, 2024, we can see the UPTREND
pattern of the price of HPG stock as I already drawn as above. I also collect the data of stock
price for that period and calculate the Moving Average index for HPG’ stock.
MA5 24818.25
MA10 24959.15
MA15 24963.7
MA20 25077.3
MA25 25245.5
MA30 25293.25
MA35 25411.45
MA40 25729.65
MA … …
Based on the result, we can see that the Moving Average indexes are increasing gradually over
the period, which sign the uptrend pattern of the stock. Therefore, I predict that in the future,
price of HPG stock will have some fluctuations but in general, it will continue to rise although it
is not the signal be used to forecast the future trend. That’s the reason why I will continue to
hold my stock and sell in appropriate time in the future to gain the profit.