Question 1

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

Accepted Answer

The RSI Indicator for BLMN moved out of oversold territory on August 13, 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 34 similar instances when the indicator left oversold territory. In 23 of the 34 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about BLMN'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. 45 of 57 cases where BLMN'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 BLMN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 02, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BLMN as a result. In 70 of 92 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 BLMN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for BLMN turned negative on August 06, 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 46 similar instances when the indicator turned negative. In 36 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

BLMN 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 6

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

Accepted Answer

The 10-day moving average for BLMN crossed bearishly below the 50-day moving average on August 08, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 18 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 7

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

Accepted Answer

Following a +3.88% 3-day Advance, the price is estimated to grow further. Considering data from situations where BLMN advanced for three days, in 247 of 330 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BLMN 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 72%.

Question 9

What does BLMN breaking above its upper Bollinger Band indicate?

Accepted Answer

BLMN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 195 of 269 cases where BLMN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

BLMN Stock Bloomin' Brands (BLMN, $20.63) RSI Indicator left the oversold zone on June 04, 2024

BLMN's RSI Indicator recovers from oversold territory

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