Question 1

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Question 2

How did QPX's Momentum indicator behave recently?

Accepted Answer

QPX saw its Momentum Indicator move below the 0 level on September 03, 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 49 similar instances where the indicator turned negative. In 40 of the 49 cases, the stock moved further down in the following days. The odds of a decline are at 82%.

Question 3

What does MACD indicator imply for QPX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for QPX turned negative on September 04, 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 36 similar instances when the indicator turned negative. In 23 of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at 64%.

Question 4

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

Accepted Answer

QPX moved below its 50-day moving average on September 03, 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 QPX?

Accepted Answer

The 10-day moving average for QPX 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 7 of 9 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 78%.

Question 6

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

Accepted Answer

Following a +0.62% 3-day Advance, the price is estimated to grow further. Considering data from situations where QPX advanced for three days, in 194 of 237 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where QPX 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 75%.

Question 8

What does QPX breaking above its upper Bollinger Band indicate?

Accepted Answer

QPX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

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

Accepted Answer

The Aroon Indicator for QPX entered a downward trend on August 16, 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.

QPX Stock AdvisorShares Q Dynamic Growth ETF (QPX, $34.45) RSI Indicator left the overbought zone on July 17, 2024

Momentum Indicator for QPX turns negative, indicating new downward trend

General Information