Question 1

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

Accepted Answer

The 10-day RSI Oscillator for CVLT moved out of overbought territory on August 02, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 instances where the indicator moved out of the overbought zone. In 18 of the 41 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did CVLT's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on CVLT as a result. In 53 of 77 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 CVLT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CVLT just turned positive on July 30, 2024. Looking at past instances where CVLT's MACD turned positive, the stock continued to rise in 24 of 41 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

Following a +6.64% 3-day Advance, the price is estimated to grow further. Considering data from situations where CVLT advanced for three days, in 257 of 376 cases, the price rose further within the following month. The odds of a continued upward trend are 68%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CVLT 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 CVLT breaking above its upper Bollinger Band indicate?

Accepted Answer

CVLT broke above its upper Bollinger Band on July 30, 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 CVLT's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 199 of 274 cases where CVLT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CVLT Stock Commvault Systems (CVLT, $110.73) RSI Indicator left the overbought zone on May 16, 2024

CVLT's RSI Indicator leaves overbought zone

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