Question 1

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

Accepted Answer

The 10-day RSI Indicator for NFLY moved out of overbought territory on September 26, 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 16 similar instances where the indicator moved out of overbought territory. In 13 of the 16 cases, the stock moved lower in the following days. This puts the odds of a move lower at 81%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 9 of 13 cases where NFLY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 69%.

Question 3

How did NFLY's Momentum indicator behave recently?

Accepted Answer

NFLY saw its Momentum Indicator move above the 0 level on September 12, 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 14 similar instances where the indicator turned positive. In 13 of the 14 cases, the stock moved higher in the following days. The odds of a move higher are at 90%.

Question 4

What does MACD indicator imply for NFLY?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for NFLY turned negative on October 02, 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 9 similar instances when the indicator turned negative. In 7 of the 9 cases the stock turned lower in the days that followed. This puts the odds of success at 78%.

Question 5

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

Accepted Answer

Following a +2.53% 3-day Advance, the price is estimated to grow further. Considering data from situations where NFLY advanced for three days, in 87 of 89 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NFLY 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 79%.

Question 7

What does NFLY breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 88 of 90 cases where NFLY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.

NFLY Stock YieldMax NFLX Option Income Strategy ETF (NFLY, $17.35) Aroon Indicator entered an Uptrend on October 04, 2024.

Momentum Indicator for NFLY turns positive, indicating new upward trend

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