Question 1

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did AXSM's Momentum indicator behave recently?

Accepted Answer

AXSM saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 70 similar instances where the indicator turned positive. In 51 of the 70 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for AXSM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AXSM just turned positive on August 19, 2024. Looking at past instances where AXSM's MACD turned positive, the stock continued to rise in 37 of 45 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 AXSM?

Accepted Answer

Following a +5.46% 3-day Advance, the price is estimated to grow further. Considering data from situations where AXSM advanced for three days, in 237 of 298 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 AXSM's future price movement?

Accepted Answer

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

Accepted Answer

AXSM broke above its upper Bollinger Band on August 19, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 7

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 148 of 203 cases where AXSM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

AXSM Stock Axsome Therapeutics (AXSM, $74.09) price moved above its 50-day Moving Average on June 05, 2024

Momentum Indicator for AXSM turns positive, indicating new upward trend

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