Question 1

How did ARSMF's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 28, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ARSMF as a result. In 102 of 115 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 89%.

Question 2

What does MACD indicator imply for ARSMF?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ARSMF turned negative on August 28, 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 45 similar instances when the indicator turned negative. In 42 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.

Question 3

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

Accepted Answer

ARSMF moved below its 50-day moving average on August 20, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 4

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

Accepted Answer

The 10-day moving average for ARSMF crossed bearishly below the 50-day moving average on August 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 15 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 80%.

Question 5

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

Accepted Answer

Following a +7.45% 3-day Advance, the price is estimated to grow further. Considering data from situations where ARSMF advanced for three days, in 155 of 189 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARSMF 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 7

What does ARSMF breaking above its upper Bollinger Band indicate?

Accepted Answer

ARSMF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 34 of 39 cases where ARSMF's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 87%.

Question 8

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

Accepted Answer

The Aroon Indicator for ARSMF entered a downward trend on September 05, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

ARSMF Stock Ares Strategic Mining (ARSMF, $0.13) Moving Average Convergence Divergence (MACD) Histogram turned positive on August 27, 2024

ARSMF in upward trend: price expected to rise as it breaks its lower Bollinger Band on August 20, 2024

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