Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AZPN's RSI Oscillator exited the oversold zone, 15 of 23 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 AZPN's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did AZPN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 07, 2024. You may want to consider a long position or call options on AZPN as a result. In 66 of 89 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 AZPN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AZPN just turned positive on August 07, 2024. Looking at past instances where AZPN's MACD turned positive, the stock continued to rise in 29 of 41 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

AZPN moved above its 50-day moving average on August 07, 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 AZPN?

Accepted Answer

The 10-day moving average for AZPN crossed bullishly above the 50-day moving average on August 14, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where AZPN advanced for three days, in 197 of 321 cases, the price rose further within the following month. The odds of a continued upward trend are 61%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AZPN 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 9

What does AZPN breaking above its upper Bollinger Band indicate?

Accepted Answer

AZPN broke above its upper Bollinger Band on August 07, 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.

AZPN Stock Aspen Technology (AZPN, $210.54) price moved above its 50-day Moving Average on June 05, 2024

AZPN in +2.10% Uptrend, growing for three consecutive days on August 09, 2024

General Information