Question 1

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

Accepted Answer

The 10-day RSI Indicator for OND moved out of overbought territory on August 22, 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 15 similar instances where the indicator moved out of overbought territory. In 13 of the 15 cases, the stock moved lower in the following days. This puts the odds of a move lower at 87%.

Question 2

What does the Stochastic Oscillator suggest about OND'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 3

How did OND's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 12, 2024. You may want to consider a long position or call options on OND as a result. In 38 of 45 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 84%.

Question 4

What does MACD indicator imply for OND?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for OND just turned positive on September 13, 2024. Looking at past instances where OND's MACD turned positive, the stock continued to rise in 25 of 30 cases over the following month. The odds of a continued upward trend are 83%.

Question 5

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

Accepted Answer

OND moved above its 50-day moving average on September 09, 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 OND?

Accepted Answer

The 10-day moving average for OND crossed bullishly above the 50-day moving average on August 23, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 5 of 6 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 83%.

Question 7

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

Accepted Answer

Following a +0.95% 3-day Advance, the price is estimated to grow further. Considering data from situations where OND advanced for three days, in 149 of 180 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OND 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 80%.

Question 9

What does OND breaking above its upper Bollinger Band indicate?

Accepted Answer

OND may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 20 of 21 cases where OND'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 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 117 of 138 cases where OND Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 85%.

OND Stock ProShares On-Demand ETF (OND, $27.08) RSI Indicator left the oversold zone on August 06, 2024

OND in upward trend: price may jump up because it broke its lower Bollinger Band on September 06, 2024

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