Stocks Quiz – Level 5

Fibonacci ratios are used by some traders to determine…

Which of the following is NOT a Fibonacci ratio?

What is the next number in this Fibonacci sequence: 5, 8, 13, 21?

The Fibonacci retracement tool works better when ____

As much as possible, you should rely purely on Fib levels as support and resistance points as the basis for stop loss placement.

The Fibonacci retracement tool works better when the market is___

To make a moving average smoother, you should get the average closing prices over…

What are the two major types of moving averages?

EMAs give ___ weight to the most recent periods.

If a market is in an uptrend, which of these moving averages would you expect to see appearing above the others on the chart?

EMA stands for…

SMA stands for…

Traders often refer to support as the __

Support levels indicate where there will be a surplus of buyers for the specific stock or share and these usually indicate exit points for many traders.

Resistance can be spotted at the point on a chart where the stock prices stop ___, change direction, and begin to ___.

Trend lines are created by connecting two, three or more low points.

Trend channels consist of at least five trend lines that connect the swing highs and the swing lows of a trending or a sideways moving market.

Trend channels with a downwards slope are considered __

Trend channels don’t have to be perfectly parallel trend lines.

A sideways trend is a horizontal price movement that occurs when the forces of supply and demand are nearly equal.