Question 1

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 2

How did HELX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 25, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HELX as a result. In 58 of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 82%.

Question 3

What does MACD indicator imply for HELX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for HELX turned negative on September 24, 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 40 similar instances when the indicator turned negative. In 33 of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at 82%.

Question 4

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

Accepted Answer

HELX moved below its 50-day moving average on September 23, 2024 date and that indicates a change from an upward trend to a downward trend. In 31 of 36 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 86%.

Question 5

What is the significance of the 10-day moving average indicator for HELX?

Accepted Answer

The 10-day moving average for HELX crossed bearishly below the 50-day moving average on September 27, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 13 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 85%.

Question 6

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

Accepted Answer

Following a +1.62% 3-day Advance, the price is estimated to grow further. Considering data from situations where HELX advanced for three days, in 278 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HELX 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 82%.

Question 8

What does HELX breaking above its upper Bollinger Band indicate?

Accepted Answer

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

HELX Stock Franklin Genomic Advancements ETF (HELX, $31.88) entered Downtrend as Momentum indicator drops below 0 level on Sep 25, 2024

HELX in downward trend: price dove below 50-day moving average on September 23, 2024

General Information