Question 1

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

Accepted Answer

The 10-day RSI Indicator for EVGO moved out of overbought territory on September 03, 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 22 similar instances where the indicator moved out of overbought territory. In 19 of the 22 cases, the stock moved lower in the following days. This puts the odds of a move lower at 86%.

Question 2

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

Accepted Answer

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Question 3

How did EVGO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EVGO as a result. In 55 of 64 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 86%.

Question 4

What does MACD indicator imply for EVGO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for EVGO turned negative on September 05, 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 31 similar instances when the indicator turned negative. In 29 of the 31 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.

Question 5

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

Accepted Answer

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 EVGO advanced for three days, in 141 of 175 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EVGO 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 87%.

Question 7

What does EVGO breaking above its upper Bollinger Band indicate?

Accepted Answer

EVGO broke above its upper Bollinger Band on August 23, 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 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 94 of 132 cases where EVGO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.

EVGO Stock EVgo (EVGO, $3.86) entered Downtrend as Momentum indicator drops below 0 level on Sep 09, 2024

EVGO in +0.60% Uptrend, rising for three consecutive days on September 05, 2024

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