Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ASXC's RSI Oscillator exited the oversold zone, 32 of 39 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 82%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did ASXC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 20, 2024. You may want to consider a long position or call options on ASXC as a result. In 61 of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 75%.

Question 4

What does MACD indicator imply for ASXC?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ASXC just turned positive on August 21, 2024. Looking at past instances where ASXC's MACD turned positive, the stock continued to rise in 36 of 42 cases over the following month. The odds of a continued upward trend are 86%.

Question 5

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

Accepted Answer

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

Question 6

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

Accepted Answer

The 10-day moving average for ASXC crossed bearishly below the 50-day moving average on August 13, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 12 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 75%.

Question 7

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

Accepted Answer

Following a +16.36% 3-day Advance, the price is estimated to grow further. Considering data from situations where ASXC advanced for three days, in 172 of 215 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASXC 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 9

What does ASXC breaking above its upper Bollinger Band indicate?

Accepted Answer

ASXC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 31 of 36 cases where ASXC's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 86%.

ASXC Stock Asensus Surgical (ASXC, $0.35) Moving Average Convergence Divergence (MACD) Histogram turned positive on August 21, 2024

ASXC in upward trend: price expected to rise as it breaks its lower Bollinger Band on August 14, 2024

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