Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CRUS's RSI Indicator exited the oversold zone, 24 of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

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

Accepted Answer

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did CRUS's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 08, 2024. You may want to consider a long position or call options on CRUS as a result. In 79 of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for CRUS?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CRUS just turned positive on August 12, 2024. Looking at past instances where CRUS's MACD turned positive, the stock continued to rise in 27 of 39 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

CRUS moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for CRUS?

Accepted Answer

The 10-day moving average for CRUS crossed bullishly above the 50-day moving average on August 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 16 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 7

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

Accepted Answer

Following a +7.14% 3-day Advance, the price is estimated to grow further. Considering data from situations where CRUS advanced for three days, in 243 of 331 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRUS 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 9

What does CRUS breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator for CRUS entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

CRUS Stock Cirrus Logic (CRUS, $114.15) RSI Indicator left the overbought zone on June 04, 2024

CRUS's Stochastic Oscillator sits in overbought zone for 6 days

General Information