Question 1

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

Accepted Answer

The RSI Oscillator for CSTE moved out of oversold territory on August 13, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 42 similar instances when the indicator left oversold territory. In 30 of the 42 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did CSTE'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 CSTE as a result. In 69 of 87 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 CSTE?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for CSTE turned negative on August 05, 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 45 similar instances when the indicator turned negative. In 34 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

CSTE moved below its 50-day moving average on August 05, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

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

Accepted Answer

The 10-day moving average for CSTE crossed bearishly below the 50-day moving average on August 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 13 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

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

Accepted Answer

Following a +1.75% 3-day Advance, the price is estimated to grow further. Considering data from situations where CSTE advanced for three days, in 154 of 259 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CSTE 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 77%.

Question 9

What does CSTE breaking above its upper Bollinger Band indicate?

Accepted Answer

CSTE 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 CSTE's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 53 of 103 cases where CSTE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CSTE Stock Caesarstone (CSTE, $5.45) price may climb as it broke lower Bollinger Band on Jun 07, 2024

CSTE's RSI Indicator ascending out of oversold territory

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