Question 1

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

Accepted Answer

The 10-day RSI Indicator for CNNE moved out of overbought territory on July 29, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 28 similar instances where the indicator moved out of overbought territory. In 21 of the 28 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

On August 15, 2024, the Stochastic Oscillator for CNNE moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 63 instances where the indicator left the oversold zone. In 42 of the 63 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 3

How did CNNE's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CNNE as a result. In 54 of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 4

What does MACD indicator imply for CNNE?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for CNNE turned negative on August 06, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In 35 of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

CNNE 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 does a 3-day price advance indicate for CNNE?

Accepted Answer

Following a +2.41% 3-day Advance, the price is estimated to grow further. Considering data from situations where CNNE advanced for three days, in 209 of 316 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 CNNE's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNNE 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 65%.

Question 8

What does CNNE breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 144 of 221 cases where CNNE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CNNE Stock Cannae Holdings (CNNE, $18.92) RSI Indicator left the oversold zone on May 28, 2024

CNNE sees its Stochastic Oscillator recovers from oversold territory

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