Question 1

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

Accepted Answer

The 10-day RSI Indicator for ACB moved out of overbought territory on August 09, 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 17 similar instances where the indicator moved out of overbought territory. In 15 of the 17 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did ACB's Momentum indicator behave recently?

Accepted Answer

ACB saw its Momentum Indicator move above the 0 level on August 07, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 87 similar instances where the indicator turned positive. In 69 of the 87 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for ACB?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ACB just turned positive on August 07, 2024. Looking at past instances where ACB's MACD turned positive, the stock continued to rise in 32 of 43 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

ACB moved above its 50-day moving average on August 06, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

Following a +1.60% 3-day Advance, the price is estimated to grow further. Considering data from situations where ACB advanced for three days, in 156 of 206 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ACB 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 90%.

Question 8

What does ACB breaking above its upper Bollinger Band indicate?

Accepted Answer

ACB broke above its upper Bollinger Band on August 08, 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.

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 50 of 62 cases where ACB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ACB Stock Aurora Cannabis (ACB, $6.31) entered a weekly bullish trend. Expect an Uptrend continuation

Momentum Indicator for ACB turns positive, indicating new upward trend

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