Question 1

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

Accepted Answer

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

Question 2

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did ALRS's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 18, 2024. You may want to consider a long position or call options on ALRS as a result. In 56 of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 58%.

Question 4

What does MACD indicator imply for ALRS?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ALRS just turned positive on September 18, 2024. Looking at past instances where ALRS's MACD turned positive, the stock continued to rise in 30 of 49 cases over the following month. The odds of a continued upward trend are 61%.

Question 5

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

Accepted Answer

ALRS moved above its 50-day moving average on September 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

Following a +4.06% 3-day Advance, the price is estimated to grow further. Considering data from situations where ALRS advanced for three days, in 162 of 277 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.

Question 7

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 8

What does ALRS breaking above its upper Bollinger Band indicate?

Accepted Answer

ALRS broke above its upper Bollinger Band on September 19, 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.

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

ALRS sees its 50-day moving average cross bullishly above its 200-day moving average

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