ARP sees its Stochastic Oscillator climbs out of oversold territory
On January 03, 2025, the Stochastic Oscillator for ARP moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 22 instances where the indicator left the oversold zone. In of the 22 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ARP's RSI Indicator exited the oversold zone, of 8 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on ARP as a result. In of 27 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ARP advanced for three days, in of 149 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 109 cases where ARP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
ARP moved below its 50-day moving average on December 30, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ARP crossed bearishly below the 50-day moving average on December 27, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 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 .
General Information
Category Trading
ARP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ARP has been closely correlated with TBFC. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if ARP jumps, then TBFC could also see price increases.
| Ticker / NAME | Correlation To ARP | 1D Price Change % | ||
|---|---|---|---|---|
| ARP | 100% | +0.38% | ||
| TBFC - ARP | 82% Closely correlated | +1.12% | ||
| TBFG - ARP | 80% Closely correlated | N/A | ||
| TDSC - ARP | 75% Closely correlated | -0.20% | ||
| YYY - ARP | 60% Loosely correlated | +0.17% | ||
| AGOX - ARP | 59% Loosely correlated | +1.93% | ||
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