Momentum Indicator for LONZ turns positive, indicating new upward trend
LONZ saw its Momentum Indicator move above the 0 level on November 02, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 14 similar instances where the indicator turned positive. In of the 14 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for LONZ just turned positive on November 06, 2023. Looking at past instances where LONZ's MACD turned positive, the stock continued to rise in of 7 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LONZ advanced for three days, in of 119 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 138 cases where LONZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LONZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
LONZ broke above its upper Bollinger Band on November 27, 2023. 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.
Fundamental Analysis (Ratings)
Industry description
General Information
Category BankLoan
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MRLBX | 4.20 | N/A | N/A |
| Morgan Stanley Inst Global Real Est A | |||
| EAASX | 30.96 | -0.05 | -0.16% |
| Eaton Vance Atlanta Capital SMID-Cap A | |||
| FTGRX | 19.96 | -0.04 | -0.20% |
| Fidelity Advisor® Mega Cap Stock M | |||
| TGRFX | 8.23 | -0.02 | -0.24% |
| Transamerica International Focus R6 | |||
| GABVX | 9.97 | -0.04 | -0.40% |
| Gabelli Value 25 A | |||
LONZ and
Correlation & Price change
A.I.dvisor indicates that over the last year, LONZ has been loosely correlated with BKLN. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if LONZ jumps, then BKLN could also see price increases.
| Ticker / NAME | Correlation To LONZ | 1D Price Change % | ||
|---|---|---|---|---|
| LONZ | 100% | +0.20% | ||
| BKLN - LONZ | 65% Loosely correlated | -0.05% | ||
| SRLN - LONZ | 60% Loosely correlated | +0.02% | ||
| FTSL - LONZ | 57% Loosely correlated | +0.18% | ||
| JQC - LONZ | 47% Loosely correlated | -0.39% | ||
| JFR - LONZ | 38% Loosely correlated | -0.25% | ||
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