TBX sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for TBX moved above the 200-day moving average on November 20, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 12, 2024. You may want to consider a long position or call options on TBX as a result. In of 97 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 TBX just turned positive on December 13, 2024. Looking at past instances where TBX's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
TBX moved above its 50-day moving average on December 09, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TBX advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 235 cases where TBX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for TBX moved out of overbought territory on November 14, 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 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TBX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TBX broke above its upper Bollinger Band on December 13, 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.
General Information
Category Trading
TBX and ETFs
Correlation & Price change
A.I.dvisor tells us that TBX and TTT have been poorly correlated (+32% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that TBX and TTT's prices will move in lockstep.