FIN 351 TEXT QUIZ CHAPTER 9

26. A breadth of the market indicator attempts to measure what a broad range of securities is doing as
opposed to merely examining a market average.
True False
27. ______________ analysis focuses on charts and graphs based on internal market data, while
_____________ analysis emphasizes earnings reports, management capabilities and new product
development.
A. Technical; fundamental
B. Fundamental; technical
C. Technical; external
D. Technical; semi-strong
28. The Dow theory uses _________ to follow three major types of market movements.
A. Charting
B. Key indicators
C. Fundamental analysis
D. None of the above
29. According to the Dow theory, daily fluctuations and secondary movements in the market are used to
help identify
A. A key indicator
B. A primary trend
C. Shifts in demand and supply
D. More than one of the above
30. A bar chart is used to demonstrate
A. Advances and declines of stock prices
B. High, low and closing stock price on a daily basis
C. Changes of two points or more
D. More than one of the above

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