Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TOON's RSI Indicator exited the oversold zone, 27 of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 77%.

Question 2

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

Accepted Answer

The Stochastic Oscillator for TOON moved out of overbought territory on August 29, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 42 similar instances where the indicator exited the overbought zone. In 40 of the 42 cases the stock moved lower. This puts the odds of a downward move at 90%.

Question 3

How did TOON's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TOON as a result. In 77 of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 90%.

Question 4

What does MACD indicator imply for TOON?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for TOON turned negative on September 04, 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 42 similar instances when the indicator turned negative. In 39 of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.

Question 5

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

Accepted Answer

Following a +2.35% 3-day Advance, the price is estimated to grow further. Considering data from situations where TOON advanced for three days, in 170 of 212 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TOON 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 88%.

Question 7

What does TOON breaking above its upper Bollinger Band indicate?

Accepted Answer

TOON may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

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

Accepted Answer

The Aroon Indicator for TOON entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

TOON Stock Kartoon Studios (TOON, $0.86) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 4, 2024

TOON saw its Stochastic Oscillator recovers from the overbought zone

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