SJB's RSI Oscillator leaves overbought zone
The 10-day RSI Indicator for SJB moved out of overbought territory on December 20, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 instances where the indicator moved out of the overbought zone. In of the 24 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SJB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SJB broke above its upper Bollinger Band on December 17, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 12, 2024. You may want to consider a long position or call options on SJB as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SJB just turned positive on December 13, 2024. Looking at past instances where SJB's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
SJB moved above its 50-day moving average on December 13, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for SJB crossed bullishly above the 50-day moving average on December 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SJB advanced for three days, in of 262 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category Trading
SJB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SJB has been loosely correlated with PST. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if SJB jumps, then PST could also see price increases.