Question 1

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

Accepted Answer

The 10-day RSI Indicator for MKTAY 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 37 similar instances where the indicator moved out of overbought territory. In 22 of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at 59%.

Question 2

What does the Stochastic Oscillator suggest about MKTAY'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. 38 of 63 cases where MKTAY'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 60%.

Question 3

How did MKTAY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MKTAY as a result. In 57 of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 64%.

Question 4

What does MACD indicator imply for MKTAY?

Accepted Answer

MKTAY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 09, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 52 instances where the indicator turned negative. In 37 of the 52 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 71%.

Question 5

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

Accepted Answer

MKTAY moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

The 10-day moving average for MKTAY crossed bullishly above the 50-day moving average on August 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 11 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 90%.

Question 7

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

Accepted Answer

Following a +2.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where MKTAY advanced for three days, in 228 of 320 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MKTAY 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 64%.

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 158 of 224 cases where MKTAY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.

MKTAY Stock Makita (MKTAY, $33.02) RSI Indicator left the overbought zone on September 03, 2024

MKTAY sees MACD Histogram just turned negative

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