Question 1

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

Accepted Answer

The 10-day RSI Indicator for SMBC moved out of overbought territory on August 27, 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 38 similar instances where the indicator moved out of overbought territory. In 25 of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at 66%.

Question 2

What does the Stochastic Oscillator suggest about SMBC'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. 37 of 58 cases where SMBC'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 64%.

Question 3

How did SMBC's Momentum indicator behave recently?

Accepted Answer

SMBC saw its Momentum Indicator move above the 0 level on September 19, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 100 similar instances where the indicator turned positive. In 64 of the 100 cases, the stock moved higher in the following days. The odds of a move higher are at 64%.

Question 4

What does MACD indicator imply for SMBC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for SMBC 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 36 similar instances when the indicator turned negative. In 22 of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at 61%.

Question 5

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

Accepted Answer

Following a +2.59% 3-day Advance, the price is estimated to grow further. Considering data from situations where SMBC advanced for three days, in 191 of 299 cases, the price rose further within the following month. The odds of a continued upward trend are 64%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SMBC 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 60%.

Question 7

What does SMBC breaking above its upper Bollinger Band indicate?

Accepted Answer

SMBC broke above its upper Bollinger Band on August 23, 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.

SMBC Stock Tickeron detected bullish Stock Pattern: Broadening Wedge Ascending SMBC on July 12, 2024, netting in a 10.69% gain over 1 week

Momentum Indicator for SMBC turns positive, indicating new upward trend

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