Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AXIL's RSI Indicator exited the oversold zone, 13 of 15 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 87%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 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 3

How did AXIL's Momentum indicator behave recently?

Accepted Answer

AXIL saw its Momentum Indicator move below the 0 level on September 16, 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 160 similar instances where the indicator turned negative. In 148 of the 160 cases, the stock moved further down in the following days. The odds of a decline are at 90%.

Question 4

What does MACD indicator imply for AXIL?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AXIL just turned positive on August 23, 2024. Looking at past instances where AXIL's MACD turned positive, the stock continued to rise in 59 of 66 cases over the following month. The odds of a continued upward trend are 89%.

Question 5

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

Accepted Answer

Following a +5.10% 3-day Advance, the price is estimated to grow further. Considering data from situations where AXIL advanced for three days, in 119 of 146 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 AXIL's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AXIL 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 87%.

Question 7

What does AXIL breaking above its upper Bollinger Band indicate?

Accepted Answer

AXIL broke above its upper Bollinger Band on August 30, 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.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 90 of 117 cases where AXIL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 77%.

AXIL Stock AXIL Brands (AXIL, $5.06) entered Downtrend as Momentum indicator drops below 0 level on Sep 16, 2024

Momentum Indicator for AXIL turns negative, indicating new downward trend

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