Question 1

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

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

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

Accepted Answer

Following a +10.19% 3-day Advance, the price is estimated to grow further. Considering data from situations where COMM advanced for three days, in 228 of 281 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where COMM 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 5

What does COMM breaking above its upper Bollinger Band indicate?

Accepted Answer

COMM broke above its upper Bollinger Band on August 15, 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 6

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 153 of 201 cases where COMM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

COMM Stock CommScope Holding (COMM, $1.18) price moved above its 50-day Moving Average on May 16, 2024

COMM sees its 50-day moving average cross bullishly above its 200-day moving average

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