CTBB Stock Qwest (CTBB, $9.98) RSI Indicator left the oversold zone on June 27, 2024
at Tickeron.com
CTBB in +0.87% Uptrend, rising for three consecutive days on November 15, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CTBB advanced for three days, in of 296 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on CTBB as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CTBB just turned positive on November 07, 2024. Looking at past instances where CTBB's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
CTBB moved above its 50-day moving average on November 01, 2024 date and that indicates a change from a downward trend to an upward trend.
The Aroon Indicator entered an Uptrend today. In of 217 cases where CTBB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CTBB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CTBB broke above its upper Bollinger Band on October 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.
