Question 1

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did CGAU's Momentum indicator behave recently?

Accepted Answer

CGAU saw its Momentum Indicator move above the 0 level on August 12, 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 92 similar instances where the indicator turned positive. In 67 of the 92 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 CGAU?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CGAU just turned positive on August 12, 2024. Looking at past instances where CGAU's MACD turned positive, the stock continued to rise in 35 of 46 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 CGAU?

Accepted Answer

CGAU moved above its 50-day moving average on August 13, 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 CGAU?

Accepted Answer

The 10-day moving average for CGAU crossed bullishly above the 50-day moving average on August 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 8 of 11 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 6

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

Accepted Answer

Following a +6.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where CGAU advanced for three days, in 215 of 293 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does CGAU breaking above its upper Bollinger Band indicate?

Accepted Answer

CGAU broke above its upper Bollinger Band on August 13, 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.

CGAU Stock Centerra Gold (CGAU, $6.5) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 7, 2024

Momentum Indicator for CGAU turns positive, indicating new upward trend

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