Question 1

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

Accepted Answer

The RSI Indicator shows that the ticker has stayed in the oversold zone for 4 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 Uptrend is expected.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 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 3

How did REMYY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 04, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on REMYY as a result. In 70 of 111 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 63%.

Question 4

What does MACD indicator imply for REMYY?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for REMYY 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 54 similar instances when the indicator turned negative. In 37 of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at 69%.

Question 5

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

Accepted Answer

REMYY moved below its 50-day moving average on September 04, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

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

Accepted Answer

The 10-day moving average for REMYY crossed bearishly below the 50-day moving average on September 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 15 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 67%.

Question 7

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

Accepted Answer

Following a +2.21% 3-day Advance, the price is estimated to grow further. Considering data from situations where REMYY advanced for three days, in 162 of 291 cases, the price rose further within the following month. The odds of a continued upward trend are 56%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where REMYY 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 67%.

Question 9

What does REMYY breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator for REMYY entered a downward trend on August 20, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 202 similar instances where the Aroon Indicator formed such a pattern. In 140 of the 202 cases the stock moved lower. This puts the odds of a downward move at 69%.

REMYY Stock Remy Cointreau S A (REMYY, $12.48) RSI Indicator left the overbought zone on October 26, 2023

REMYY's Indicator enters downward trend

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