Question 1

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

Accepted Answer

The 10-day RSI Indicator for MDEV moved out of overbought territory on September 03, 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 19 similar instances where the indicator moved out of overbought territory. In 15 of the 19 cases, the stock moved lower in the following days. This puts the odds of a move lower at 79%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 29 of 41 cases where MDEV's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 71%.

Question 3

How did MDEV's Momentum indicator behave recently?

Accepted Answer

MDEV saw its Momentum Indicator move above the 0 level on August 08, 2024. 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 53 similar instances where the indicator turned positive. In 42 of the 53 cases, the stock moved higher in the following days. The odds of a move higher are at 79%.

Question 4

What does MACD indicator imply for MDEV?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for MDEV turned negative on September 05, 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 26 similar instances when the indicator turned negative. In 21 of the 26 cases the stock turned lower in the days that followed. This puts the odds of success at 81%.

Question 5

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

Accepted Answer

MDEV moved above its 50-day moving average on August 08, 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 MDEV?

Accepted Answer

Following a +0.94% 3-day Advance, the price is estimated to grow further. Considering data from situations where MDEV advanced for three days, in 170 of 223 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MDEV 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 76%.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 131 of 179 cases where MDEV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 73%.

MDEV Stock First Trust Indxx Global Mdcl Dvcs ETF (MDEV, $19.68) RSI Indicator left the oversold zone on July 03, 2024

Momentum Indicator for MDEV turns positive, indicating new upward trend

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