WKLY in upward trend: price may ascend as a result of having broken its lower Bollinger Band on October 27, 2023
WKLY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 25 cases where WKLY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on WKLY as a result. In of 38 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 WKLY just turned positive on November 02, 2023. Looking at past instances where WKLY's MACD turned positive, the stock continued to rise in of 20 cases over the following month. The odds of a continued upward trend are .
WKLY moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for WKLY crossed bullishly above the 50-day moving average on November 17, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 8 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WKLY advanced for three days, in of 168 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 113 cases where WKLY 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 WKLY moved out of overbought territory on November 21, 2023. 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 15 similar instances where the indicator moved out of overbought territory. In of the 15 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 11 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 WKLY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
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WKLY and
Correlation & Price change
A.I.dvisor tells us that WKLY and DGT have been poorly correlated (+-0% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that WKLY and DGT's prices will move in lockstep.
| Ticker / NAME | Correlation To WKLY | 1D Price Change % | ||
|---|---|---|---|---|
| WKLY | 100% | +0.25% | ||
| DGT - WKLY | -0% Poorly correlated | +0.22% | ||
| HERD - WKLY | -1% Poorly correlated | +0.72% | ||
| HTY - WKLY | -2% Poorly correlated | +1.12% | ||
| GCOW - WKLY | -2% Poorly correlated | +0.27% | ||
| WDIV - WKLY | -2% Poorly correlated | +0.28% | ||
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