Question 1

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

Accepted Answer

The 10-day RSI Oscillator for CABO moved out of overbought territory on August 01, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 instances where the indicator moved out of the overbought zone. In 18 of the 27 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did CABO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CABO as a result. In 58 of 79 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 CABO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for CABO turned negative on August 12, 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 43 similar instances when the indicator turned negative. In 30 of the 43 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 CABO?

Accepted Answer

CABO moved below its 50-day moving average on August 16, 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 CABO?

Accepted Answer

The 10-day moving average for CABO crossed bullishly above the 50-day moving average on July 29, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 8 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CABO 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 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 120 of 235 cases where CABO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CABO Stock Cable One (CABO, $395.63) entered a bearish trend. Expect a Downtrend continuation

CABO's RSI Oscillator peaks and leaves overbought zone

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