Question 1

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

Accepted Answer

The 10-day RSI Indicator for CBOE moved out of overbought territory on August 15, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In 21 of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

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

Accepted Answer

Following a +1.80% 3-day Advance, the price is estimated to grow further. Considering data from situations where CBOE advanced for three days, in 180 of 308 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 4

What does CBOE breaking above its upper Bollinger Band indicate?

Accepted Answer

CBOE broke above its upper Bollinger Band on August 02, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 5

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 111 of 222 cases where CBOE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CBOE Stock Cboe Global Markets (CBOE, $181.6) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 16, 2024

CBOE sees its 50-day moving average cross bullishly above its 200-day moving average

General Information