Question 1

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

Accepted Answer

On August 15, 2024, the Stochastic Oscillator for AKRO moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 63 instances where the indicator left the oversold zone. In 53 of the 63 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did AKRO'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 AKRO as a result. In 76 of 91 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 AKRO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for AKRO turned negative on July 30, 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 49 similar instances when the indicator turned negative. In 40 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

AKRO moved above its 50-day moving average on August 16, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for AKRO?

Accepted Answer

The 10-day moving average for AKRO crossed bearishly below the 50-day moving average on August 15, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 15 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

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

Accepted Answer

Following a +6.74% 3-day Advance, the price is estimated to grow further. Considering data from situations where AKRO advanced for three days, in 246 of 296 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 AKRO's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AKRO 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 85%.

Question 8

What does AKRO breaking above its upper Bollinger Band indicate?

Accepted Answer

AKRO 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 AKRO's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 122 of 146 cases where AKRO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

AKRO Stock Akero Therapeutics (AKRO, $21.33) price moved above its 50-day Moving Average on June 06, 2024

AKRO sees its Stochastic Oscillator ascends from oversold territory

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