Question 1

What implications does the 10-day RSI indicator have for BEAM.X?

Accepted Answer

The 10-day RSI Oscillator for BEAM.X moved out of overbought territory on August 25, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 8 instances where the indicator moved out of the overbought zone. In 6 of the 8 cases the stock moved lower in the days that followed. This puts the odds of a move down at 75%.

Question 2

What does the Stochastic Oscillator suggest about BEAM.X's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 BEAM.X's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 01, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BEAM.X as a result. In 15 of 23 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 65%.

Question 4

What does MACD indicator imply for BEAM.X?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for BEAM.X turned negative on September 02, 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 9 similar instances when the indicator turned negative. In 5 of the 9 cases the stock turned lower in the days that followed. This puts the odds of success at 56%.

Question 5

What is the significance of the 50-day moving average indicator for BEAM.X?

Accepted Answer

BEAM.X moved below its 50-day moving average on August 31, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

What is the significance of the 10-day moving average indicator for BEAM.X?

Accepted Answer

The 10-day moving average for BEAM.X crossed bearishly below the 50-day moving average on August 04, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 2 of 3 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 67%.

Question 7

What does a 3-day price advance indicate for BEAM.X?

Accepted Answer

Following a +8.04% 3-day Advance, the price is estimated to grow further. Considering data from situations where BEAM.X advanced for three days, in 48 of 64 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.

Question 8

What does a 3-day decline signify for BEAM.X's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BEAM.X 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 67%.

Question 9

What does BEAM.X breaking above its upper Bollinger Band indicate?

Accepted Answer

BEAM.X broke above its upper Bollinger Band on August 21, 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 10

How does the Aroon Indicator reflect on BEAM.X's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 41 of 67 cases where BEAM.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 61%.

BEAM.X Crypto Beam cryptocurrency (BEAM.X, $0.03) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 5, 2023

BEAM.X's RSI Oscillator peaks and leaves overbought zone