Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DRUP's RSI Oscillator exited the oversold zone, 20 of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.

Question 2

What does the Stochastic Oscillator suggest about DRUP'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 DRUP's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DRUP as a result. In 53 of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 73%.

Question 4

What does MACD indicator imply for DRUP?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for DRUP turned negative on September 04, 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 43 similar instances when the indicator turned negative. In 31 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 72%.

Question 5

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

Accepted Answer

DRUP moved below its 50-day moving average on September 03, 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 DRUP?

Accepted Answer

The 10-day moving average for DRUP crossed bullishly above the 50-day moving average on August 23, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 14 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 79%.

Question 7

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

Accepted Answer

Following a +1.22% 3-day Advance, the price is estimated to grow further. Considering data from situations where DRUP advanced for three days, in 327 of 375 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 DRUP's future price movement?

Accepted Answer

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

Accepted Answer

DRUP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 10

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

Accepted Answer

The Aroon Indicator for DRUP entered a downward trend on August 14, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 118 similar instances where the Aroon Indicator formed such a pattern. In 99 of the 118 cases the stock moved lower. This puts the odds of a downward move at 84%.

DRUP Stock GraniteShares Nasdaq Sel Disruptors ETF (DRUP, $51.29) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 4, 2024

DRUP's Indicator enters downward trend

General Information