Question 1

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

Accepted Answer

The 10-day RSI Indicator for CPNG moved out of overbought territory on August 20, 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 17 similar instances where the indicator moved out of overbought territory. In 14 of the 17 cases, the stock moved lower in the following days. This puts the odds of a move lower at 82%.

Question 2

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 30 of 38 cases where CPNG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 79%.

Question 3

How did CPNG's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 10, 2024. You may want to consider a long position or call options on CPNG as a result. In 41 of 59 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 69%.

Question 4

What does MACD indicator imply for CPNG?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CPNG just turned positive on September 11, 2024. Looking at past instances where CPNG's MACD turned positive, the stock continued to rise in 25 of 32 cases over the following month. The odds of a continued upward trend are 78%.

Question 5

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

Accepted Answer

CPNG moved above its 50-day moving average on August 08, 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 CPNG?

Accepted Answer

The 10-day moving average for CPNG crossed bullishly above the 50-day moving average on August 12, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 13 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 85%.

Question 7

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

Accepted Answer

Following a +4.51% 3-day Advance, the price is estimated to grow further. Considering data from situations where CPNG advanced for three days, in 139 of 196 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CPNG 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 77%.

Question 9

What does CPNG breaking above its upper Bollinger Band indicate?

Accepted Answer

CPNG broke above its upper Bollinger Band on August 07, 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 CPNG's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 82 of 120 cases where CPNG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 68%.

CPNG Stock Tickeron detected bullish Stock Pattern: Wedge Falling CPNG on July 31, 2024, netting in a 7.18% gain over 1 week

CPNG in upward trend: 10-day moving average broke above 50-day moving average on August 12, 2024

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