Exam (elaborations)
CMT LEVEL 1 PRACTICE EXAM STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)
- Course
- Institution
CMT LEVEL 1 PRACTICE EXAM STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)
[Show more]
Content preview
ESTUDYCMT LEVEL 1 PRACTICE EXAM STUDY MATERIALS
QUESTION AND ANSWERS (VERIFIED ANSWERS)
**1. In constructing a Point and Figure chart, a new entry is added only when:**
a) The price has moved by a percentage greater than the box size
b) The price has moved equal to or more than the specified box size
c) A new trend line is formed
d) The price closes above the previous high
**Answer: b) The price has moved equal to or more than the specified box size**
---
**2. When the Stochastic indicator crosses below 20, it is signaling:**
a) A strong buy signal
b) The price is vulnerable to a reversal, but no action needs to be taken just yet
c) A sell signal is imminent
d) The market is overbought
**Answer: b) The price is vulnerable to a reversal, but no action needs to be taken just yet**
---
,ESTUDY
**3. What principle describes a characteristic of related cycles?**
a) Symmetry
b) Harmonics
c) Momentum
d) Frequency
**Answer: b) Harmonics**
---
**4. What formation is often called a coil?**
a) Ascending Triangle
b) Cup and Handle
c) Symmetrical Triangle
d) Rectangle
**Answer: c) Symmetrical Triangle**
---
**5. Bullish support lines on a 3-box reversal Point and Figure chart are drawn at a _____ degree
angle:**
a) 30
,ESTUDY
b) 45
c) 60
d) 90
**Answer: b) 45**
---
**6. The stock multiplication factor to adjust for a 30% stock dividend on a Point and Figure chart is:**
a) 1.1
b) 1.2
c) 1.3
d) 1.4
**Answer: c) 1.3**
---
**7. Which chart type uses more than one data point to plot a particular time interval?**
a) Line Chart
b) Point and Figure Chart
c) Candlestick Chart
d) Bar Chart
, ESTUDY
**Answer: c) Candlestick Chart**
---
**8. __________ mean is the best choice when averaging ratios that can be either fractions or
percentages:**
a) Arithmetic
b) Geometric
c) Median
d) Mode
**Answer: b) Geometric**
---
**9. Kurtosis refers to the:**
a) Spread of a distribution
b) Central tendency of a distribution
c) Peakedness or flatness of a distribution
d) Skewness of a distribution
**Answer: c) Peakedness or flatness of a distribution**
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Estudyr. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75057 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now