Question 1

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

Accepted Answer

The 10-day RSI Indicator for MTUL moved out of overbought territory on October 01, 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 28 similar instances where the indicator moved out of overbought territory. In 24 of the 28 cases, the stock moved lower in the following days. This puts the odds of a move lower at 86%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 41 of 46 cases where MTUL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 89%.

Question 3

How did MTUL's Momentum indicator behave recently?

Accepted Answer

MTUL saw its Momentum Indicator move above the 0 level on September 16, 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 56 similar instances where the indicator turned positive. In 48 of the 56 cases, the stock moved higher in the following days. The odds of a move higher are at 86%.

Question 4

What does MACD indicator imply for MTUL?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MTUL just turned positive on September 13, 2024. Looking at past instances where MTUL's MACD turned positive, the stock continued to rise in 27 of 34 cases over the following month. The odds of a continued upward trend are 79%.

Question 5

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

Accepted Answer

MTUL moved above its 50-day moving average on September 12, 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 MTUL?

Accepted Answer

The 10-day moving average for MTUL crossed bullishly above the 50-day moving average on September 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 8 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 73%.

Question 7

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

Accepted Answer

Following a +0.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where MTUL advanced for three days, in 192 of 233 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MTUL 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 9

What does MTUL breaking above its upper Bollinger Band indicate?

Accepted Answer

MTUL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 137 of 174 cases where MTUL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 79%.

MTUL Stock ETRACS 2x Lvrgd MSCI US Mntm Fctr TR ETN (MTUL, $25.43) price may climb as it broke lower Bollinger Band on Sep 03, 2024

Momentum Indicator for MTUL turns positive, indicating new upward trend

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