Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BYON's RSI Indicator exited the oversold zone, 29 of 36 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 BYON's trend?

Accepted Answer

The Stochastic Oscillator for BYON moved into overbought territory on August 19, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Question 3

How did BYON's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 19, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BYON as a result. In 58 of 70 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 BYON?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for BYON just turned positive on August 16, 2024. Looking at past instances where BYON's MACD turned positive, the stock continued to rise in 32 of 43 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BYON 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 6

What does BYON breaking above its upper Bollinger Band indicate?

Accepted Answer

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

BYON Stock Beyond (BYON, $16.52) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 7, 2024

BYON's Stochastic Oscillator driving into overbought zone

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