Exam (elaborations)
CMT LEVEL 1 PRACTICE EXAM STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)
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CMT LEVEL 1 PRACTICE EXAM STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)
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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**
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