Question 1

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

Accepted Answer

The 10-day RSI Indicator for ALRS moved out of overbought territory on August 01, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In 17 of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at 65%.

Question 2

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

Accepted Answer

The Stochastic Oscillator for ALRS moved into oversold territory on September 05, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.

Question 3

How did ALRS's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 05, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ALRS as a result. In 69 of 98 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 70%.

Question 4

What does MACD indicator imply for ALRS?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ALRS turned negative on September 04, 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 50 similar instances when the indicator turned negative. In 35 of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at 70%.

Question 5

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

Accepted Answer

Following a +1.86% 3-day Advance, the price is estimated to grow further. Considering data from situations where ALRS advanced for three days, in 165 of 281 cases, the price rose further within the following month. The odds of a continued upward trend are 59%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ALRS 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 69%.

Question 7

What does ALRS breaking above its upper Bollinger Band indicate?

Accepted Answer

ALRS broke above its upper Bollinger Band on August 23, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 97 of 160 cases where ALRS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 61%.

ALRS Stock Alerus Financial (ALRS, $20.91) price may climb as it broke lower Bollinger Band on Aug 02, 2024

ALRS's Stochastic Oscillator entering oversold zone

General Information