Question 1

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 37 of 54 cases where ABVC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

How did ABVC'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 ABVC as a result. In 62 of 103 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for ABVC?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ABVC just turned positive on August 14, 2024. Looking at past instances where ABVC's MACD turned positive, the stock continued to rise in 25 of 35 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

Following a +2.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where ABVC advanced for three days, in 125 of 164 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.

Question 5

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

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ABVC declined for three days, in 240 of 261 cases, the price declined further within the following month. The odds of a continued downward trend are 0%.

Question 6

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

Accepted Answer

The Aroon Indicator for ABVC entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

ABVC Stock ABVC BioPharma (ABVC, $0.78) Aroon Indicator entered a Downtrend on June 07, 2024.

ABVC in -12.07% downward trend, sliding for three consecutive days on August 16, 2024

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