Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RRC's RSI Oscillator exited the oversold zone, 18 of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 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 RRC's Momentum indicator behave recently?

Accepted Answer

RRC saw its Momentum Indicator move below the 0 level on August 27, 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 89 similar instances where the indicator turned negative. In 72 of the 89 cases, the stock moved further down in the following days. The odds of a decline are at 81%.

Question 4

What does MACD indicator imply for RRC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for RRC 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 57 similar instances when the indicator turned negative. In 43 of the 57 cases the stock turned lower in the days that followed. This puts the odds of success at 75%.

Question 5

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

Accepted Answer

Following a +2.11% 3-day Advance, the price is estimated to grow further. Considering data from situations where RRC advanced for three days, in 255 of 313 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RRC 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 76%.

Question 7

What does RRC breaking above its upper Bollinger Band indicate?

Accepted Answer

RRC 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 RRC's trend?

Accepted Answer

The Aroon Indicator for RRC entered a downward trend on August 14, 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.

RRC Stock Range Resources (RRC, $28.15) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 4, 2024

Momentum Indicator for RRC turns negative, indicating new downward trend

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