Question 1

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

Accepted Answer

The 10-day RSI Indicator for AKBA moved out of overbought territory on July 29, 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 38 similar instances where the indicator moved out of overbought territory. In 33 of the 38 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 AKBA'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 AKBA's Momentum indicator behave recently?

Accepted Answer

AKBA saw its Momentum Indicator move above the 0 level on August 15, 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 80 similar instances where the indicator turned positive. In 66 of the 80 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 AKBA?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AKBA just turned positive on August 15, 2024. Looking at past instances where AKBA's MACD turned positive, the stock continued to rise in 34 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 AKBA?

Accepted Answer

AKBA moved above its 50-day moving average on August 12, 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 AKBA?

Accepted Answer

Following a +7.46% 3-day Advance, the price is estimated to grow further. Considering data from situations where AKBA advanced for three days, in 235 of 272 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 AKBA's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AKBA 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 8

What does AKBA breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 167 of 194 cases where AKBA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

AKBA Stock Akebia Therapeutics (AKBA, $1.07) RSI Indicator left the oversold zone on May 28, 2024

Momentum Indicator for AKBA turns positive, indicating new upward trend

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