Question 1

How did BOLT's Momentum indicator behave recently?

Accepted Answer

BOLT saw its Momentum Indicator move below the 0 level on August 05, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 66 similar instances where the indicator turned negative. In 62 of the 66 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 2

What does MACD indicator imply for BOLT?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for BOLT 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 27 similar instances when the indicator turned negative. In 23 of the 27 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 3

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

Accepted Answer

BOLT moved below its 50-day moving average on August 01, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 4

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

Accepted Answer

Following a +0.56% 3-day Advance, the price is estimated to grow further. Considering data from situations where BOLT advanced for three days, in 106 of 150 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does BOLT breaking above its upper Bollinger Band indicate?

Accepted Answer

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

BOLT Stock Bolt Biotherapeutics (BOLT, $0.83) entered Downtrend as Momentum indicator drops below 0 level on May 15, 2024

Momentum Indicator for BOLT turns negative, indicating new downward trend

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