Question 1

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

Accepted Answer

The 10-day RSI Oscillator for AMTR moved out of overbought territory on August 20, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 instances where the indicator moved out of the overbought zone. In 24 of the 34 cases the stock moved lower in the days that followed. This puts the odds of a move down at 71%.

Question 2

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

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

What does MACD indicator imply for AMTR?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AMTR just turned positive on August 14, 2024. Looking at past instances where AMTR's MACD turned positive, the stock continued to rise in 30 of 34 cases over the following month. The odds of a continued upward trend are 88%.

Question 4

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

Accepted Answer

Following a +1.36% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMTR advanced for three days, in 262 of 311 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.

Question 5

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMTR 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 64%.

AMTR Stock ETRACS Alerian Midstream Energy TR ETN (AMTR, $64.79) RSI Indicator left the overbought zone on August 20, 2024

AMTR's RSI Indicator recovers from overbought zone

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