Question 1

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

Accepted Answer

The 10-day RSI Indicator for CEVA moved out of overbought territory on August 26, 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 29 similar instances where the indicator moved out of overbought territory. In 24 of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at 83%.

Question 2

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did CEVA's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CEVA as a result. In 69 of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 75%.

Question 4

What does MACD indicator imply for CEVA?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for CEVA 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 41 similar instances when the indicator turned negative. In 32 of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at 78%.

Question 5

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

Accepted Answer

The 10-day moving average for CEVA crossed bullishly above the 50-day moving average on August 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 19 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 58%.

Question 6

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

Accepted Answer

Following a +6.55% 3-day Advance, the price is estimated to grow further. Considering data from situations where CEVA advanced for three days, in 213 of 291 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CEVA 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 78%.

Question 8

What does CEVA breaking above its upper Bollinger Band indicate?

Accepted Answer

CEVA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 25 of 33 cases where CEVA's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 76%.

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 137 of 188 cases where CEVA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 73%.

CEVA Stock CEVA (CEVA, $24.65) RSI Indicator left the overbought zone on August 23, 2024

CEVA in upward trend: price may ascend as a result of having broken its lower Bollinger Band on September 04, 2024

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