Question 1

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

Accepted Answer

The Stochastic Oscillator for KEN moved into oversold territory on September 05, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.

Question 2

How did KEN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KEN as a result. In 52 of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 57%.

Question 3

What does MACD indicator imply for KEN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for KEN just turned positive on August 16, 2024. Looking at past instances where KEN's MACD turned positive, the stock continued to rise in 34 of 46 cases over the following month. The odds of a continued upward trend are 74%.

Question 4

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

Accepted Answer

KEN 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 5

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

Accepted Answer

The 10-day moving average for KEN crossed bearishly below the 50-day moving average on September 03, 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 6

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

Accepted Answer

Following a +0.94% 3-day Advance, the price is estimated to grow further. Considering data from situations where KEN advanced for three days, in 215 of 292 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.

Question 7

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

Accepted Answer

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

KEN Stock KENON HOLDINGS (KEN, $25.2) price moved above its 50-day Moving Average on August 29, 2024

KEN's Stochastic Oscillator dives oversold zone

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