Question 1

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

Accepted Answer

The 10-day RSI Indicator for CORT moved out of overbought territory on August 02, 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 36 similar instances where the indicator moved out of overbought territory. In 23 of the 36 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 CORT's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 42 of 56 cases where CORT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did CORT's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 05, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CORT as a result. In 50 of 75 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 CORT?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for CORT 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 35 similar instances when the indicator turned negative. In 25 of the 35 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Following a +0.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where CORT advanced for three days, in 246 of 312 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.

Question 6

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

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CORT declined for three days, in 190 of 295 cases, the price declined further within the following month. The odds of a continued downward trend are 64%.

Question 7

What does CORT breaking above its upper Bollinger Band indicate?

Accepted Answer

CORT broke above its upper Bollinger Band on July 31, 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 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 170 of 253 cases where CORT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CORT Stock Corcept Therapeutics (CORT, $33.31) RSI Indicator left the overbought zone on June 07, 2024

CORT in -1.33% downward trend, declining for three consecutive days on August 07, 2024

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