Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FORH's RSI Indicator exited the oversold zone, 9 of 15 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 60%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 34 of 43 cases where FORH's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 79%.

Question 3

How did FORH's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 05, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FORH as a result. In 48 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 75%.

Question 4

What does MACD indicator imply for FORH?

Accepted Answer

FORH saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 05, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 28 instances where the indicator turned negative. In 23 of the 28 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 82%.

Question 5

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

Accepted Answer

FORH 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 FORH?

Accepted Answer

The 10-day moving average for FORH crossed bearishly below the 50-day moving average on September 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 73%.

Question 7

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

Accepted Answer

Following a +0.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where FORH advanced for three days, in 154 of 203 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FORH 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 74%.

Question 9

What does FORH breaking above its upper Bollinger Band indicate?

Accepted Answer

FORH 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 FORH's trend?

Accepted Answer

The Aroon Indicator for FORH entered a downward trend on August 22, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

FORH Stock Formidable ETF (FORH, $22.31) entered Downtrend as Momentum indicator drops below 0 level on Sep 05, 2024

FORH sees MACD Histogram just turned negative

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