Question 1

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

Accepted Answer

On August 16, 2024, the Stochastic Oscillator for CBRL 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 62 instances where the indicator left the oversold zone. In 42 of the 62 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did CBRL's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on CBRL as a result. In 64 of 90 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 CBRL?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CBRL just turned positive on August 19, 2024. Looking at past instances where CBRL's MACD turned positive, the stock continued to rise in 32 of 49 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

CBRL moved below its 50-day moving average on August 02, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CBRL 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 72%.

Question 6

What does CBRL breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 7

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 102 of 157 cases where CBRL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CBRL Stock Cracker Barrel Old Country Store (CBRL, $48.98) RSI Indicator left the oversold zone on May 17, 2024

CBRL sees its Stochastic Oscillator ascending out of oversold territory

General Information