Question 1

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

Accepted Answer

The 10-day RSI Indicator for CSTL moved out of overbought territory on August 14, 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 30 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 CSTL's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

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

Accepted Answer

CSTL moved above its 50-day moving average on July 29, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 4

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

Accepted Answer

The 10-day moving average for CSTL crossed bullishly above the 50-day moving average on August 05, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 14 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 5

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

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CSTL advanced for three days, in 247 of 304 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CSTL 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 85%.

Question 7

What does CSTL breaking above its upper Bollinger Band indicate?

Accepted Answer

CSTL broke above its upper Bollinger Band on August 07, 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 CSTL's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 153 of 179 cases where CSTL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CSTL Stock Castle Biosciences (CSTL, $23.4) Stochastic Oscillator left the oversold zone on June 03, 2024

CSTL in +11.81% Uptrend, rising for three consecutive days on August 08, 2024

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