Question 1

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

Accepted Answer

The RSI Oscillator for AFMD moved out of oversold territory on August 19, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 33 similar instances when the indicator left oversold territory. In 30 of the 33 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

How did AFMD's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on July 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AFMD as a result. In 76 of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 3

What does MACD indicator imply for AFMD?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for AFMD turned negative on August 02, 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 48 similar instances when the indicator turned negative. In 43 of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

Following a +4.81% 3-day Advance, the price is estimated to grow further. Considering data from situations where AFMD advanced for three days, in 198 of 246 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AFMD 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 6

What does AFMD breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 7

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

Accepted Answer

The Aroon Indicator for AFMD entered a downward trend on August 19, 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.

AFMD Stock Affimed (AFMD, $7.33) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 3, 2024

AFMD's RSI Indicator recovers from oversold territory

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