Question 1

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

Accepted Answer

The 10-day RSI Indicator for LEXX moved out of overbought territory on September 03, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 instances where the indicator moved out of the overbought zone. In 25 of the 29 cases the stock moved lower in the days that followed. This puts the odds of a move down at 86%.

Question 2

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 61 of 65 cases where LEXX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.

Question 3

How did LEXX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 29, 2024. You may want to consider a long position or call options on LEXX as a result. In 74 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 90%.

Question 4

What does MACD indicator imply for LEXX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for LEXX just turned positive on August 30, 2024. Looking at past instances where LEXX's MACD turned positive, the stock continued to rise in 37 of 44 cases over the following month. The odds of a continued upward trend are 84%.

Question 5

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

Accepted Answer

LEXX moved above its 50-day moving average on September 09, 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 LEXX?

Accepted Answer

Following a +5.01% 3-day Advance, the price is estimated to grow further. Considering data from situations where LEXX advanced for three days, in 221 of 252 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LEXX 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 83%.

Question 8

What does LEXX breaking above its upper Bollinger Band indicate?

Accepted Answer

LEXX broke above its upper Bollinger Band on August 30, 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 LEXX's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 112 of 130 cases where LEXX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 86%.

LEXX Stock Lexaria Bioscience (LEXX, $3.65) RSI Indicator left the overbought zone on September 03, 2024

LEXX's RSI Indicator peaks and leaves overbought zone

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