Question 1

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

Accepted Answer

The 10-day RSI Indicator for DAY moved out of overbought territory on August 01, 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 33 similar instances where the indicator moved out of overbought territory. In 24 of the 33 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 DAY'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 3

How did DAY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on DAY as a result. In 66 of 89 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 DAY?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for DAY just turned positive on August 15, 2024. Looking at past instances where DAY's MACD turned positive, the stock continued to rise in 37 of 51 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 DAY?

Accepted Answer

DAY moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

Following a +4.82% 3-day Advance, the price is estimated to grow further. Considering data from situations where DAY advanced for three days, in 234 of 336 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where DAY declined for three days, in 211 of 276 cases, the price declined further within the following month. The odds of a continued downward trend are 76%.

Question 8

What does DAY breaking above its upper Bollinger Band indicate?

Accepted Answer

DAY broke above its upper Bollinger Band on July 31, 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 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 170 of 217 cases where DAY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

DAY Stock Dayforce (DAY, $56.16) entered Downtrend as Momentum indicator drops below 0 level on May 24, 2024

DAY in -5.02% downward trend, declining for three consecutive days on August 12, 2024

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