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NEW QUESTION: 1
When the relative strength of a stock with respect to an index is increasing, the stock is
A. keeping pace with the chosen index.
B. worse than the chosen index.
C. all of these answers are possible.
D. doing better than the chosen index.
The Relative Strength of a stock relative to an index equals the ratio of the stock price to the index price.
Hence, if the relative strength is increasing, it indicates that the stock is doing better in price appreciation than the index.
NEW QUESTION: 2
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