Question 1

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

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 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 CDNA?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CDNA advanced for three days, in 258 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CDNA 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 86%.

Question 5

What does CDNA breaking above its upper Bollinger Band indicate?

Accepted Answer

CDNA broke above its upper Bollinger Band on August 16, 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 6

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 185 of 210 cases where CDNA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CDNA Stock CareDx (CDNA, $15.42) Stochastic Oscillator left the oversold zone on June 06, 2024

CDNA in +19.89% Uptrend, rising for three consecutive days on August 19, 2024

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