Question 1

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNSP 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 2

What does CNSP breaking above its upper Bollinger Band indicate?

Accepted Answer

CNSP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 35 of 47 cases where CNSP's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 0%.

Question 3

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

Accepted Answer

The Aroon Indicator for CNSP entered a downward trend on August 16, 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.

CNSP Stock CNS Pharmaceuticals (CNSP, $0.13) RSI Indicator left the oversold zone on June 03, 2024

CNSP in upward trend: price may ascend as a result of having broken its lower Bollinger Band on July 30, 2024

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