Question 1

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

Accepted Answer

The RSI Oscillator for ALRN moved out of oversold territory on August 16, 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 38 similar instances when the indicator left oversold territory. In 30 of the 38 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 49 of 65 cases where ALRN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for ALRN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ALRN just turned positive on August 19, 2024. Looking at past instances where ALRN's MACD turned positive, the stock continued to rise in 30 of 39 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

Following a +30.30% 3-day Advance, the price is estimated to grow further. Considering data from situations where ALRN advanced for three days, in 180 of 230 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 ALRN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ALRN 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 ALRN breaking above its upper Bollinger Band indicate?

Accepted Answer

ALRN 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 ALRN's trend?

Accepted Answer

The Aroon Indicator for ALRN 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.

ALRN Stock Aileron Therapeutics (ALRN, $3.3) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 5, 2024

ALRN's RSI Indicator ascending out of oversold territory

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