Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RELI's RSI Oscillator exited the oversold zone, 33 of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 89%.

Question 2

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

Accepted Answer

The Stochastic Oscillator for RELI moved out of overbought territory on September 03, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 27 similar instances where the indicator exited the overbought zone. In 25 of the 27 cases the stock moved lower. This puts the odds of a downward move at 90%.

Question 3

How did RELI's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 05, 2024. You may want to consider a long position or call options on RELI as a result. In 79 of 94 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 RELI?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for RELI just turned positive on August 20, 2024. Looking at past instances where RELI's MACD turned positive, the stock continued to rise in 31 of 37 cases over the following month. The odds of a continued upward trend are 84%.

Question 5

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

Accepted Answer

Following a +4.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where RELI advanced for three days, in 184 of 218 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RELI 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 RELI breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator for RELI entered a downward trend on August 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.

RELI Stock Reliance Global Group (RELI, $2.85) entered Downtrend as Momentum indicator drops below 0 level on Sep 09, 2024

RELI saw its Stochastic Oscillator leaves the overbought zone

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