Question 1

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

How did NN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 04, 2024. You may want to consider a long position or call options on NN as a result. In 45 of 55 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 82%.

Question 3

What does MACD indicator imply for NN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for NN just turned positive on August 29, 2024. Looking at past instances where NN's MACD turned positive, the stock continued to rise in 22 of 26 cases over the following month. The odds of a continued upward trend are 85%.

Question 4

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

Accepted Answer

NN moved below its 50-day moving average on September 16, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

Following a +7.95% 3-day Advance, the price is estimated to grow further. Considering data from situations where NN advanced for three days, in 131 of 158 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NN 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 85%.

Question 7

What does NN breaking above its upper Bollinger Band indicate?

Accepted Answer

NN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 14 of 14 cases where NN's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.

Question 8

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

Accepted Answer

The Aroon Indicator for NN entered a downward trend on September 04, 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.

NN Stock Tickeron detected bullish Stock Pattern: Broadening Wedge Ascending NN on July 05, 2024, netting in a 11.38% gain over 2 weeks

NN in upward trend: price may jump up because it broke its lower Bollinger Band on August 22, 2024

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