Question 1

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

Accepted Answer

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 uptrend is expected.

Question 2

What does MACD indicator imply for ATKR?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ATKR turned negative on July 29, 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 49 similar instances when the indicator turned negative. In 32 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 3

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

Accepted Answer

The 10-day moving average for ATKR crossed bearishly below the 50-day moving average on July 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 13 of 16 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 4

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

Accepted Answer

Following a +3.13% 3-day Advance, the price is estimated to grow further. Considering data from situations where ATKR advanced for three days, in 264 of 345 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 ATKR's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ATKR 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 71%.

Question 6

What does ATKR breaking above its upper Bollinger Band indicate?

Accepted Answer

ATKR 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 ATKR's trend?

Accepted Answer

The Aroon Indicator for ATKR 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.

ATKR Stock Atkore (ATKR, $154.34) RSI Indicator left the oversold zone on May 07, 2024

ATKR's RSI Oscillator is remaining in oversold zone for 11 days

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