Question 1

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

Accepted Answer

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

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

Accepted Answer

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.

Question 3

How did UNOV's Momentum indicator behave recently?

Accepted Answer

UNOV saw its Momentum Indicator move above the 0 level on August 13, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned positive. In 46 of the 82 cases, the stock moved higher in the following days. The odds of a move higher are at 56%.

Question 4

What does MACD indicator imply for UNOV?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for UNOV just turned positive on September 13, 2024. Looking at past instances where UNOV's MACD turned positive, the stock continued to rise in 21 of 46 cases over the following month. The odds of a continued upward trend are 46%.

Question 5

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

Accepted Answer

The 10-day moving average for UNOV crossed bullishly above the 50-day moving average on August 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 5 of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 50%.

Question 6

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

Accepted Answer

Following a +0.16% 3-day Advance, the price is estimated to grow further. Considering data from situations where UNOV advanced for three days, in 188 of 342 cases, the price rose further within the following month. The odds of a continued upward trend are 55%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where UNOV 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 45%.

Question 8

What does UNOV breaking above its upper Bollinger Band indicate?

Accepted Answer

UNOV broke above its upper Bollinger Band on September 11, 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 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 220 of 408 cases where UNOV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 54%.

UNOV Stock Innovator US Equity Ultra Buffer ETF Nov (UNOV, $33.19) RSI Indicator left the oversold zone on August 06, 2024

Momentum Indicator for UNOV turns positive, indicating new upward trend

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