Question 1

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

Accepted Answer

The 10-day RSI Indicator for FMAY moved out of overbought territory on October 01, 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 44 similar instances where the indicator moved out of overbought territory. In 23 of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at 52%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 29 of 54 cases where FMAY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 54%.

Question 3

How did FMAY's Momentum indicator behave recently?

Accepted Answer

FMAY saw its Momentum Indicator move above the 0 level on October 04, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 56 similar instances where the indicator turned positive. In 45 of the 56 cases, the stock moved higher in the following days. The odds of a move higher are at 80%.

Question 4

What does MACD indicator imply for FMAY?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for FMAY turned negative on October 03, 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 41 similar instances when the indicator turned negative. In 25 of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at 61%.

Question 5

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

Accepted Answer

FMAY moved above its 50-day moving average on September 10, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

Following a +0.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where FMAY advanced for three days, in 219 of 330 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FMAY 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 66%.

Question 8

What does FMAY breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 245 of 400 cases where FMAY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 61%.

FMAY Stock FT Cboe Vest US Equity Buffer ETF May (FMAY, $43.59) RSI Indicator left the oversold zone on August 06, 2024

Momentum Indicator for FMAY turns positive, indicating new upward trend

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