LUX's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for LUX turned positive on November 25, 2024. Looking at past instances where LUX's MACD turned positive, the stock continued to rise in of 11 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 26, 2024. You may want to consider a long position or call options on LUX as a result. In of 19 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
LUX moved above its 50-day moving average on December 04, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for LUX crossed bullishly above the 50-day moving average on December 10, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 LUX advanced for three days, in of 92 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for LUX moved out of overbought territory on December 16, 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 10 similar instances where the indicator moved out of overbought territory. In of the 10 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 16 cases where LUX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
LUX broke above its upper Bollinger Band on December 09, 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.
The Aroon Indicator for LUX entered a downward trend on November 29, 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.
General Information
Category ConsumerDiscretionary
LUX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, LUX has been closely correlated with FXD. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if LUX jumps, then FXD could also see price increases.