Question 1

What does the Stochastic Oscillator suggest about CRDL'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. 58 of 67 cases where CRDL'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 2

How did CRDL's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on CRDL as a result. In 75 of 89 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 CRDL?

Accepted Answer

CRDL saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 02, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 45 instances where the indicator turned negative. In 40 of the 45 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 0%.

Question 4

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

Accepted Answer

CRDL moved below its 50-day moving average on July 30, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRDL 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 6

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 151 of 168 cases where CRDL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CRDL Stock Cardiol Therapeutics (CRDL, $2.41) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 7, 2024

CRDL sees MACD Histogram just turned negative

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