Question 1

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

Accepted Answer

The 10-day RSI Indicator for TRMLF moved out of overbought territory on August 27, 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 46 similar instances where the indicator moved out of overbought territory. In 33 of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at 72%.

Question 2

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 51 of 65 cases where TRMLF'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 78%.

Question 3

How did TRMLF's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 29, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TRMLF as a result. In 63 of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 71%.

Question 4

What does MACD indicator imply for TRMLF?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for TRMLF turned negative on September 03, 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 48 similar instances when the indicator turned negative. In 31 of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at 65%.

Question 5

What is the significance of the 50-day moving average indicator for TRMLF?

Accepted Answer

TRMLF moved below its 50-day moving average on September 03, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

What is the significance of the 10-day moving average indicator for TRMLF?

Accepted Answer

The 10-day moving average for TRMLF crossed bearishly below the 50-day moving average on September 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 12 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 75%.

Question 7

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

Accepted Answer

Following a +0.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where TRMLF advanced for three days, in 232 of 302 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TRMLF 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 67%.

Question 9

What does TRMLF breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 198 of 279 cases where TRMLF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.

TRMLF Stock Tourmaline Oil (TRMLF, $43.65) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 3, 2024

TRMLF in downward trend: 10-day moving average moved below 50-day moving average on September 12, 2024

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