Question 1

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 2

How did ONCO's Momentum indicator behave recently?

Accepted Answer

ONCO saw its Momentum Indicator move below the 0 level on August 28, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator turned negative. In 41 of the 44 cases, the stock moved further down in the following days. The odds of a decline are at 90%.

Question 3

What does MACD indicator imply for ONCO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ONCO turned negative on August 29, 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 17 similar instances when the indicator turned negative. In 17 of the 17 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.

Question 4

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

Accepted Answer

ONCO moved below its 50-day moving average on August 27, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

The 10-day moving average for ONCO crossed bearishly below the 50-day moving average on August 30, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 6 of 6 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ONCO 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 90%.

Question 7

What does ONCO breaking above its upper Bollinger Band indicate?

Accepted Answer

ONCO broke above its upper Bollinger Band on August 16, 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.

ONCO Stock Onconetix (ONCO, $0.15) Aroon Indicator entered a Downtrend on January 24, 2024.

Momentum Indicator for ONCO turns negative, indicating new downward trend

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