Question 1

What does the Stochastic Oscillator suggest about ACIC's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

Question 2

How did ACIC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 28, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ACIC as a result. In 73 of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 81%.

Question 3

What is the significance of the 50-day moving average indicator for ACIC?

Accepted Answer

ACIC moved below its 50-day moving average on September 03, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 4

What is the significance of the 10-day moving average indicator for ACIC?

Accepted Answer

The 10-day moving average for ACIC crossed bearishly below the 50-day moving average on September 04, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.

Question 5

What does a 3-day price advance indicate for ACIC?

Accepted Answer

Following a +2.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where ACIC advanced for three days, in 181 of 236 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.

Question 6

What does a 3-day decline signify for ACIC's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ACIC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 83%.

Question 7

What does ACIC breaking above its upper Bollinger Band indicate?

Accepted Answer

ACIC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on ACIC's trend?

Accepted Answer

ACIC's Aroon Indicator triggered a bullish signal on August 09, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 151 similar instances where the Aroon Indicator showed a similar pattern. In 129 of the 151 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 85%.

ACIC Stock American Coastal Insurance (ACIC, $10.75) Stochastic Oscillator left the oversold zone on September 12, 2024

Aroon Indicator for ACIC shows an upward move is likely

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