SOS Stock SOS (SOS, $0.75) entered Downtrend as Momentum indicator drops below 0 level on Oct 31, 2024
at Tickeron.com
SOS in downward trend: 10-day moving average moved below 50-day moving average on November 12, 2024
The 10-day moving average for SOS crossed bearishly below the 50-day moving average on November 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SOS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 65 cases where SOS'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 .
The Momentum Indicator moved above the 0 level on November 13, 2024. You may want to consider a long position or call options on SOS as a result. In of 82 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 SOS just turned positive on November 13, 2024. Looking at past instances where SOS's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
SOS moved above its 50-day moving average on November 12, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where SOS advanced for three days, in of 238 cases, the price rose further within the following month. The odds of a continued upward trend are .
SOS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 98 cases where SOS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
