Question 1

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

Accepted Answer

The 10-day RSI Indicator for CNEY moved out of overbought territory on September 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 14 similar instances where the indicator moved out of overbought territory. In 11 of the 14 cases, the stock moved lower in the following days. This puts the odds of a move lower at 79%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Question 3

How did CNEY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 11, 2024. You may want to consider a long position or call options on CNEY as a result. In 56 of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 74%.

Question 4

What does MACD indicator imply for CNEY?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CNEY just turned positive on August 14, 2024. Looking at past instances where CNEY's MACD turned positive, the stock continued to rise in 22 of 26 cases over the following month. The odds of a continued upward trend are 85%.

Question 5

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

Accepted Answer

CNEY moved above its 50-day moving average on September 18, 2024 date and that indicates a change from a downward trend to an upward trend. In 16 of 18 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 89%.

Question 6

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

Accepted Answer

The 10-day moving average for CNEY crossed bullishly above the 50-day moving average on September 11, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 7 of 9 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 78%.

Question 7

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

Accepted Answer

Following a +384.66% 3-day Advance, the price is estimated to grow further. Considering data from situations where CNEY advanced for three days, in 138 of 158 cases, the price rose further within the following month. The odds of a continued upward trend are 87%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNEY 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 CNEY breaking above its upper Bollinger Band indicate?

Accepted Answer

CNEY broke above its upper Bollinger Band on September 11, 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.

CNEY Stock CN Energy Group (CNEY, $0.3) entered Downtrend as Momentum indicator drops below 0 level on Aug 28, 2024

CNEY in upward trend: price rose above 50-day moving average on September 18, 2024

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