Question 1

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

Accepted Answer

The 10-day RSI Indicator for ABUS moved out of overbought territory on July 29, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 instances where the indicator moved out of the overbought zone. In 32 of the 36 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 40 of 48 cases where ABUS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 0%.

Question 3

How did ABUS's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on ABUS as a result. In 57 of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for ABUS?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ABUS turned negative on July 31, 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 44 similar instances when the indicator turned negative. In 34 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Following a +3.99% 3-day Advance, the price is estimated to grow further. Considering data from situations where ABUS advanced for three days, in 207 of 256 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABUS 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 0%.

Question 7

What does ABUS breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 182 of 236 cases where ABUS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ABUS Stock Arbutus Biopharma (ABUS, $3.2) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 7, 2024

ABUS's RSI Indicator leaves overbought zone

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