Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ALLK's RSI Oscillator exited the oversold zone, 26 of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did ALLK's Momentum indicator behave recently?

Accepted Answer

ALLK saw its Momentum Indicator move below the 0 level on August 06, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 81 similar instances where the indicator turned negative. In 64 of the 81 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 4

What does MACD indicator imply for ALLK?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ALLK turned negative on August 07, 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 5

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

Accepted Answer

Following a +8.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where ALLK advanced for three days, in 218 of 268 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ALLK 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 7

What does ALLK breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator for ALLK entered a downward trend on July 31, 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.

ALLK Stock Allakos (ALLK, $1.44) Stochastic Oscillator left the overbought zone on May 17, 2024

Momentum Indicator for ALLK turns negative, indicating new downward trend

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