Question 1

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

Accepted Answer

The 10-day RSI Indicator for WRBY moved out of overbought territory on October 01, 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 16 similar instances where the indicator moved out of overbought territory. In 16 of the 16 cases, the stock moved lower in the following days. This puts the odds of a move lower at 90%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 30 of 33 cases where WRBY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 90%.

Question 3

How did WRBY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 16, 2024. You may want to consider a long position or call options on WRBY as a result. In 41 of 48 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 85%.

Question 4

What does MACD indicator imply for WRBY?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for WRBY just turned positive on September 12, 2024. Looking at past instances where WRBY's MACD turned positive, the stock continued to rise in 25 of 29 cases over the following month. The odds of a continued upward trend are 86%.

Question 5

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

Accepted Answer

WRBY moved above its 50-day moving average on September 24, 2024 date and that indicates a change from a downward trend to an upward trend. In 26 of 30 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 87%.

Question 6

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

Accepted Answer

The 10-day moving average for WRBY crossed bullishly above the 50-day moving average on September 26, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 5 of 11 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 45%.

Question 7

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

Accepted Answer

Following a +5.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where WRBY advanced for three days, in 132 of 159 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WRBY 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 83%.

Question 9

What does WRBY breaking above its upper Bollinger Band indicate?

Accepted Answer

WRBY broke above its upper Bollinger Band on September 26, 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.

WRBY Stock Tickeron detected bearish Stock Pattern: Flag WRBY on August 02, 2024, netting in a 19.46% gain over 3 weeks

WRBY in upward trend: price rose above 50-day moving average on September 24, 2024

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