Question 1

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

Accepted Answer

On August 16, 2024, the Stochastic Oscillator for COGT 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 65 instances where the indicator left the oversold zone. In 56 of the 65 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did COGT's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on COGT as a result. In 76 of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for COGT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for COGT just turned positive on August 19, 2024. Looking at past instances where COGT's MACD turned positive, the stock continued to rise in 40 of 48 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 COGT?

Accepted Answer

COGT moved above its 50-day moving average on August 16, 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 COGT?

Accepted Answer

The 10-day moving average for COGT 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 15 of 17 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 COGT?

Accepted Answer

Following a +14.79% 3-day Advance, the price is estimated to grow further. Considering data from situations where COGT advanced for three days, in 238 of 284 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 COGT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where COGT 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 86%.

Question 8

What does COGT breaking above its upper Bollinger Band indicate?

Accepted Answer

COGT broke above its upper Bollinger Band on August 19, 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.

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 123 of 157 cases where COGT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

COGT Stock Cogent Biosciences (COGT, $8.38) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 3, 2024

COGT sees its Stochastic Oscillator ascending out of oversold territory

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