Question 1

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 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 2

How did ARBK's Momentum indicator behave recently?

Accepted Answer

ARBK saw its Momentum Indicator move below the 0 level on September 03, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 60 similar instances where the indicator turned negative. In 55 of the 60 cases, the stock moved further down in the following days. The odds of a decline are at 90%.

Question 3

What does MACD indicator imply for ARBK?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ARBK turned negative on August 30, 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 32 similar instances when the indicator turned negative. In 28 of the 32 cases the stock turned lower in the days that followed. This puts the odds of success at 88%.

Question 4

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

Accepted Answer

ARBK moved below its 50-day moving average on August 28, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

The 10-day moving average for ARBK crossed bearishly below the 50-day moving average on September 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 6 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 86%.

Question 6

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

Accepted Answer

Following a +13.01% 3-day Advance, the price is estimated to grow further. Considering data from situations where ARBK advanced for three days, in 101 of 138 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARBK 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 ARBK breaking above its upper Bollinger Band indicate?

Accepted Answer

ARBK 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.

ARBK Stock Argo Blockchain plc (ARBK, $1.13) entered Downtrend as Momentum indicator drops below 0 level on Sep 03, 2024

Momentum Indicator for ARBK turns negative, indicating new downward trend

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