Question 1

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

How did CGEN's Momentum indicator behave recently?

Accepted Answer

CGEN 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 99 similar instances where the indicator turned positive. In 87 of the 99 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 CGEN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CGEN just turned positive on August 09, 2024. Looking at past instances where CGEN's MACD turned positive, the stock continued to rise in 41 of 50 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 CGEN?

Accepted Answer

CGEN moved below its 50-day moving average on August 19, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

Following a +5.14% 3-day Advance, the price is estimated to grow further. Considering data from situations where CGEN advanced for three days, in 227 of 269 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CGEN 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 0%.

Question 7

What does CGEN breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator for CGEN entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

CGEN Stock Compugen (CGEN, $2.11) Stochastic Oscillator left the oversold zone on June 07, 2024

Momentum Indicator for CGEN turns positive, indicating new upward trend

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