Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where OM's RSI Indicator exited the oversold zone, 22 of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 76%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 37 of 44 cases where OM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 84%.

Question 3

How did OM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on October 02, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on OM as a result. In 57 of 67 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 85%.

Question 4

What does MACD indicator imply for OM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for OM just turned positive on August 28, 2024. Looking at past instances where OM's MACD turned positive, the stock continued to rise in 26 of 32 cases over the following month. The odds of a continued upward trend are 81%.

Question 5

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

Accepted Answer

Following a +27.73% 3-day Advance, the price is estimated to grow further. Considering data from situations where OM advanced for three days, in 196 of 237 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 OM's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OM 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 87%.

Question 7

What does OM breaking above its upper Bollinger Band indicate?

Accepted Answer

OM broke above its upper Bollinger Band on September 30, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 33 similar instances where the stock broke above the upper band. In 31 of the 33 cases the stock fell afterwards. This puts the odds of success at 90%.

Question 8

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

Accepted Answer

The Aroon Indicator for OM entered a downward trend on September 23, 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.

OM Stock Outset Medical (OM, $0.62) entered Downtrend as Momentum indicator drops below 0 level on Oct 02, 2024

OM in downward trend: price may drop because broke its higher Bollinger Band on September 30, 2024

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