Question 1

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

Accepted Answer

The 10-day RSI Indicator for SPAX moved out of overbought territory on October 02, 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 21 similar instances where the indicator moved out of overbought territory. In 5 of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at 24%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 8 of 25 cases where SPAX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 32%.

Question 3

How did SPAX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 24, 2024. You may want to consider a long position or call options on SPAX as a result. In 73 of 106 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 69%.

Question 4

What does MACD indicator imply for SPAX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SPAX just turned positive on September 25, 2024. Looking at past instances where SPAX's MACD turned positive, the stock continued to rise in 32 of 46 cases over the following month. The odds of a continued upward trend are 70%.

Question 5

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

Accepted Answer

Following a +0.41% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPAX advanced for three days, in 107 of 175 cases, the price rose further within the following month. The odds of a continued upward trend are 61%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPAX 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 17%.

Question 7

What does SPAX breaking above its upper Bollinger Band indicate?

Accepted Answer

SPAX broke above its upper Bollinger Band on October 01, 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 SPAX's trend?

Accepted Answer

SPAX's Aroon Indicator triggered a bullish signal on October 02, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 103 similar instances where the Aroon Indicator showed a similar pattern. In 76 of the 103 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 74%.

SPAX Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Descending on August 27, 2024

Aroon Indicator for SPAX shows an upward move is likely

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