Question 1

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

Accepted Answer

The 10-day RSI Indicator for IKNA moved out of overbought territory on August 27, 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 12 similar instances where the indicator moved out of overbought territory. In 10 of the 12 cases, the stock moved lower in the following days. This puts the odds of a move lower at 83%.

Question 2

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

Accepted Answer

The Stochastic Oscillator for IKNA moved out of overbought territory on October 01, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 29 similar instances where the indicator exited the overbought zone. In 27 of the 29 cases the stock moved lower. This puts the odds of a downward move at 90%.

Question 3

How did IKNA's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 26, 2024. You may want to consider a long position or call options on IKNA as a result. In 66 of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 88%.

Question 4

What does MACD indicator imply for IKNA?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for IKNA turned negative on October 02, 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 33 similar instances when the indicator turned negative. In 31 of the 33 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.

Question 5

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

Accepted Answer

IKNA moved below its 50-day moving average on October 02, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

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

Accepted Answer

Following a +1.76% 3-day Advance, the price is estimated to grow further. Considering data from situations where IKNA advanced for three days, in 139 of 164 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IKNA 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 89%.

Question 8

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

Accepted Answer

The Aroon Indicator for IKNA entered a downward trend on September 27, 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.

IKNA Stock Ikena Oncology (IKNA, $1.68) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 2, 2024

IKNA saw its Stochastic Oscillator recovers from the overbought zone

General Information