Question 1

What implications does the 10-day RSI indicator have for ACON?

Accepted Answer

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did ACON's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 29, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ACON as a result. In 44 of 45 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 90%.

Question 4

What does MACD indicator imply for ACON?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ACON turned negative on August 29, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 21 similar instances when the indicator turned negative. In 20 of the 21 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.

Question 5

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

Accepted Answer

The 10-day moving average for ACON crossed bearishly below the 50-day moving average on August 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 7 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 6

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

Accepted Answer

Following a +7.91% 3-day Advance, the price is estimated to grow further. Considering data from situations where ACON advanced for three days, in 62 of 69 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ACON 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 90%.

Question 8

What does ACON breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 9

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

Accepted Answer

The Aroon Indicator for ACON entered a downward trend on September 11, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

ACON Stock Aclarion (ACON, $0.2) RSI Indicator left the oversold zone on September 12, 2024

ACON's RSI Oscillator remains in oversold zone for 6 days

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