Question 1

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

Accepted Answer

The RSI Oscillator for CLVT moved out of oversold territory on August 08, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 35 similar instances when the indicator left oversold territory. In 27 of the 35 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about CLVT'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 3

How did CLVT'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 CLVT as a result. In 58 of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for CLVT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CLVT just turned positive on August 16, 2024. Looking at past instances where CLVT's MACD turned positive, the stock continued to rise in 25 of 42 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

CLVT 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 6

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

Accepted Answer

The 10-day moving average for CLVT crossed bearishly below the 50-day moving average on August 14, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 16 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 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CLVT 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 76%.

Question 8

What does CLVT breaking above its upper Bollinger Band indicate?

Accepted Answer

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

CLVT Stock Clarivate (CLVT, $5.91) RSI Indicator left the oversold zone on May 28, 2024

CLVT's RSI Indicator climbs out of oversold territory

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