Question 1

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

Accepted Answer

On August 15, 2024, the Stochastic Oscillator for BNOX 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 32 instances where the indicator left the oversold zone. In 30 of the 32 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did BNOX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on BNOX as a result. In 35 of 46 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for BNOX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for BNOX turned negative on August 01, 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 26 similar instances when the indicator turned negative. In 26 of the 26 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

BNOX moved below its 50-day moving average on July 31, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

Following a +4.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where BNOX advanced for three days, in 75 of 86 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

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

BNOX Stock Bionomics (BNOX, $0.73) RSI Indicator left the oversold zone on June 05, 2024

BNOX sees its Stochastic Oscillator ascending out of oversold territory

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