Question 1

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

Accepted Answer

The RSI Oscillator for ASRT 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 36 similar instances when the indicator left oversold territory. In 25 of the 36 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about ASRT'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 67 cases where ASRT'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 ASRT'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 ASRT as a result. In 65 of 84 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 is the significance of the 50-day moving average indicator for ASRT?

Accepted Answer

ASRT moved below its 50-day moving average on August 05, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

The 10-day moving average for ASRT crossed bearishly below the 50-day moving average on August 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 11 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 ASRT?

Accepted Answer

Following a +15.74% 3-day Advance, the price is estimated to grow further. Considering data from situations where ASRT advanced for three days, in 208 of 256 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 ASRT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASRT 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 86%.

Question 8

What does ASRT breaking above its upper Bollinger Band indicate?

Accepted Answer

ASRT 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 ASRT's trend?

Accepted Answer

The Aroon Indicator for ASRT 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.

ASRT Stock Assertio Holdings (ASRT, $1) Stochastic Oscillator left the oversold zone on June 03, 2024

ASRT's RSI Indicator ascends from oversold territory

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