A hypothetical stock has these daily bars (the previous Friday closed at 499):
| Day | Open | High | Low | Close |
|---|---|---|---|---|
| Mon | 500 | 512 | 497 | 510 |
| Tue | 511 | 515 | 503 | 505 |
| Wed | 504 | 507 | 494 | 496 |
| Thu | 497 | 499 | 488 | 498 |
| Fri | 509 | 521 | 506 | 519 |
(a) Write down the weekly bar. (b) For the weekly candle compute body/range and the close location . (c) Which daily candles satisfy the doji and hammer-shape definitions of 4A.1? Comment on the overlap. (d) Compute each day's true range and their mean, and compare the weekly range with times the mean daily true range. Which result of 4A.1 does the comparison illustrate?