Question 1

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

Accepted Answer

The 10-day RSI Indicator for SMI moved out of overbought territory on September 17, 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 29 similar instances where the indicator moved out of overbought territory. In 13 of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at 45%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 15 of 31 cases where SMI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 48%.

Question 3

How did SMI's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 29, 2024. You may want to consider a long position or call options on SMI as a result. In 21 of 41 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 51%.

Question 4

What does MACD indicator imply for SMI?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SMI just turned positive on September 05, 2024. Looking at past instances where SMI's MACD turned positive, the stock continued to rise in 11 of 23 cases over the following month. The odds of a continued upward trend are 48%.

Question 5

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

Accepted Answer

Following a +0.21% 3-day Advance, the price is estimated to grow further. Considering data from situations where SMI advanced for three days, in 101 of 208 cases, the price rose further within the following month. The odds of a continued upward trend are 49%.

Question 6

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

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SMI declined for three days, in 127 of 230 cases, the price declined further within the following month. The odds of a continued downward trend are 55%.

Question 7

What does SMI breaking above its upper Bollinger Band indicate?

Accepted Answer

SMI broke above its upper Bollinger Band on September 10, 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.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 54 of 179 cases where SMI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 30%.

SMI Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending on June 12, 2024

SMI in -0.16% downward trend, falling for three consecutive days on September 19, 2024

General Information