Question 1

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

Accepted Answer

The 10-day RSI Indicator for RODE moved out of overbought territory on August 26, 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 41 similar instances where the indicator moved out of overbought territory. In 32 of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at 78%.

Question 2

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 54 of 64 cases where RODE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 84%.

Question 3

How did RODE's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on RODE as a result. In 59 of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 70%.

Question 4

What does MACD indicator imply for RODE?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for RODE 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 43 similar instances when the indicator turned negative. In 34 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 79%.

Question 5

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

Accepted Answer

RODE 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.

Question 6

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

Accepted Answer

The 10-day moving average for RODE crossed bullishly above the 50-day moving average on August 20, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 14 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 86%.

Question 7

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

Accepted Answer

Following a +1.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where RODE advanced for three days, in 264 of 346 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.

Question 8

What does RODE breaking above its upper Bollinger Band indicate?

Accepted Answer

RODE 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 RODE's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 218 of 313 cases where RODE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 70%.

RODE Stock Hartford Multifactor Divers Intl ETF (RODE, $28.81) Stochastic Oscillator left the oversold zone on September 12, 2024

RODE in upward trend: 10-day moving average crossed above 50-day moving average on August 20, 2024

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