Question 1

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

Accepted Answer

The 10-day RSI Indicator for ONON moved out of overbought territory on August 28, 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 18 similar instances where the indicator moved out of overbought territory. In 17 of the 18 cases, the stock moved lower in the following days. This puts the odds of a move lower at 90%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 33 of 40 cases where ONON's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 82%.

Question 3

How did ONON's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ONON as a result. In 41 of 49 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 84%.

Question 4

What does MACD indicator imply for ONON?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ONON turned negative on September 06, 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 27 similar instances when the indicator turned negative. In 23 of the 27 cases the stock turned lower in the days that followed. This puts the odds of success at 85%.

Question 5

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

Accepted Answer

ONON moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend. In 27 of 31 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 87%.

Question 6

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

Accepted Answer

The 10-day moving average for ONON crossed bullishly above the 50-day moving average on August 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 6 of 10 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 60%.

Question 7

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

Accepted Answer

Following a +4.64% 3-day Advance, the price is estimated to grow further. Considering data from situations where ONON advanced for three days, in 139 of 177 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ONON 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 9

What does ONON breaking above its upper Bollinger Band indicate?

Accepted Answer

ONON broke above its upper Bollinger Band on August 27, 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.

Question 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 86 of 129 cases where ONON Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 67%.

ONON Stock On Holding AG (ONON, $37.22) RSI Indicator left the oversold zone on July 02, 2024

ONON in upward trend: price rose above 50-day moving average on August 13, 2024

General Information