Question 1

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

Accepted Answer

The 10-day RSI Indicator for BIO moved out of overbought territory on August 05, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In 22 of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

On August 16, 2024, the Stochastic Oscillator for BIO moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 60 instances where the indicator left the oversold zone. In 41 of the 60 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 3

How did BIO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BIO as a result. In 58 of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 4

What does MACD indicator imply for BIO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for BIO turned negative on August 07, 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 52 similar instances when the indicator turned negative. In 37 of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BIO 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 62%.

Question 6

What does BIO breaking above its upper Bollinger Band indicate?

Accepted Answer

BIO broke above its upper Bollinger Band on July 30, 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 BIO's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 146 of 227 cases where BIO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

BIO Stock Bio-Rad Laboratories (BIO, $279.83) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 3, 2024

BIO sees its Stochastic Oscillator climbs out of oversold territory

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