Question 1

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

Accepted Answer

The RSI Indicator for ASB moved out of oversold territory on August 08, 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 32 similar instances when the indicator left oversold territory. In 24 of the 32 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did ASB's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on ASB as a result. In 70 of 97 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 ASB?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ASB turned negative on August 01, 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 47 similar instances when the indicator turned negative. In 34 of the 47 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 ASB?

Accepted Answer

ASB 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 6

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

Accepted Answer

The 10-day moving average for ASB crossed bearishly below the 50-day moving average on August 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 17 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 ASB?

Accepted Answer

Following a +2.54% 3-day Advance, the price is estimated to grow further. Considering data from situations where ASB advanced for three days, in 179 of 282 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 ASB's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASB 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 60%.

Question 9

What does ASB breaking above its upper Bollinger Band indicate?

Accepted Answer

ASB 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 ASB's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 149 of 217 cases where ASB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ASB Stock Associated Banc- (ASB, $21.24) price moved above its 50-day Moving Average on May 24, 2024

ASB's RSI Indicator recovers from oversold territory

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