Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AMRN's RSI Indicator exited the oversold zone, 32 of 40 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 AMRN'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. 53 of 71 cases where AMRN'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

How did AMRN'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 AMRN as a result. In 65 of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for AMRN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for AMRN turned negative on July 31, 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 53 similar instances when the indicator turned negative. In 46 of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

AMRN moved below its 50-day moving average on July 31, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

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

Accepted Answer

The 10-day moving average for AMRN crossed bearishly below the 50-day moving average on August 01, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 14 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 7

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

Accepted Answer

Following a +10.20% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMRN advanced for three days, in 176 of 239 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

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

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AMRN declined for three days, in 273 of 308 cases, the price declined further within the following month. The odds of a continued downward trend are 89%.

Question 9

What does AMRN breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 94 of 113 cases where AMRN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

AMRN Stock Amarin (AMRN, $0.91) entered Downtrend as Momentum indicator drops below 0 level on May 16, 2024

AMRN in -6.70% downward trend, falling for three consecutive days on August 12, 2024

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