Question 1

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 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 2

How did SMR's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 22, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SMR as a result. In 42 of 74 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 57%.

Question 3

What does MACD indicator imply for SMR?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for SMR turned negative on August 22, 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 33 similar instances when the indicator turned negative. In 22 of the 33 cases the stock turned lower in the days that followed. This puts the odds of success at 67%.

Question 4

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

Accepted Answer

The 10-day moving average for SMR crossed bearishly below the 50-day moving average on August 02, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 70%.

Question 5

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

Accepted Answer

Following a +2.36% 3-day Advance, the price is estimated to grow further. Considering data from situations where SMR advanced for three days, in 118 of 176 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SMR 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 77%.

Question 7

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

Accepted Answer

The Aroon Indicator for SMR entered a downward trend on August 14, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 143 similar instances where the Aroon Indicator formed such a pattern. In 113 of the 143 cases the stock moved lower. This puts the odds of a downward move at 79%.

SMR Stock NuScale Power (SMR, $3.21) entered a weekly bearish trend. Expect a Downtrend continuation

SMR's Indicator enters downward trend

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