Question 1

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 2

How did CDTX's Momentum indicator behave recently?

Accepted Answer

CDTX saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned positive. In 81 of the 94 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for CDTX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CDTX just turned positive on August 14, 2024. Looking at past instances where CDTX's MACD turned positive, the stock continued to rise in 45 of 55 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 CDTX?

Accepted Answer

CDTX moved above its 50-day moving average on August 14, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for CDTX?

Accepted Answer

The 10-day moving average for CDTX crossed bearishly below the 50-day moving average on August 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

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

Accepted Answer

Following a +2.53% 3-day Advance, the price is estimated to grow further. Considering data from situations where CDTX advanced for three days, in 220 of 248 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CDTX 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 90%.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 157 of 179 cases where CDTX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CDTX Stock Cidara Therapeutics (CDTX, $11.77) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 28, 2024

Momentum Indicator for CDTX turns positive, indicating new upward trend

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