Question 1

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

Accepted Answer

Watch for a price pull-back in the near future.

Question 2

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

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did GRFX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on October 02, 2024. You may want to consider a long position or call options on GRFX as a result. In 58 of 69 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 84%.

Question 4

What does MACD indicator imply for GRFX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for GRFX just turned positive on September 20, 2024. Looking at past instances where GRFX's MACD turned positive, the stock continued to rise in 27 of 33 cases over the following month. The odds of a continued upward trend are 82%.

Question 5

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

Accepted Answer

GRFX moved above its 50-day moving average on October 03, 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 GRFX?

Accepted Answer

Following a +81.35% 3-day Advance, the price is estimated to grow further. Considering data from situations where GRFX advanced for three days, in 90 of 123 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GRFX 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 90%.

Question 8

What does GRFX breaking above its upper Bollinger Band indicate?

Accepted Answer

GRFX broke above its upper Bollinger Band on October 02, 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 9

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

Accepted Answer

The Aroon Indicator for GRFX entered a downward trend on September 18, 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.

GRFX Stock Graphex Group (GRFX, $0.32) RSI Indicator left the overbought zone on October 03, 2024

GRFX's RSI Oscillator stays in overbought zone for 1 day

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