Momentum Indicator for STJO turns negative, indicating new downward trend
STJO saw its Momentum Indicator move below the 0 level on December 27, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 71 similar instances where the indicator turned negative. In of the 71 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for STJO turned negative on December 27, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
STJO and Stocks
Correlation & Price change
A.I.dvisor tells us that STJO and SBHGF have been poorly correlated (+9% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that STJO and SBHGF's prices will move in lockstep.
| Ticker / NAME | Correlation To STJO | 1D Price Change % | ||
|---|---|---|---|---|
| STJO | 100% | N/A | ||
| SBHGF - STJO | 9% Poorly correlated | +0.97% | ||
| RGLG - STJO | 6% Poorly correlated | -32.25% | ||
| TCRI - STJO | 5% Poorly correlated | -6.25% | ||
| SREDF - STJO | 0% Poorly correlated | N/A | ||
| SRBT - STJO | -0% Poorly correlated | N/A | ||
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Groups containing STJO
Correlation & Price change
| Ticker / NAME | Correlation To STJO | 1D Price Change % |
|---|---|---|
| STJO | 100% | N/A |
| Medical Specialties category (438 stocks) | -1% Poorly correlated | +0.59% |