Question 1

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

How did CRNX's Momentum indicator behave recently?

Accepted Answer

CRNX saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 103 similar instances where the indicator turned positive. In 90 of the 103 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for CRNX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CRNX just turned positive on August 19, 2024. Looking at past instances where CRNX's MACD turned positive, the stock continued to rise in 43 of 49 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 CRNX?

Accepted Answer

CRNX moved above its 50-day moving average on August 12, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

Following a +4.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where CRNX advanced for three days, in 220 of 269 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRNX 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 7

What does CRNX breaking above its upper Bollinger Band indicate?

Accepted Answer

CRNX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 154 of 194 cases where CRNX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CRNX Stock Crinetics Pharmaceuticals (CRNX, $44.71) Stochastic Oscillator left the oversold zone on June 07, 2024

Momentum Indicator for CRNX turns positive, indicating new upward trend

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