Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DERM's RSI Indicator exited the oversold zone, 19 of 19 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 DERM's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

Question 3

How did DERM's Momentum indicator behave recently?

Accepted Answer

DERM saw its Momentum Indicator move below the 0 level on August 02, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 57 similar instances where the indicator turned negative. In 49 of the 57 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 4

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

Accepted Answer

DERM 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 5

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

Accepted Answer

The 10-day moving average for DERM 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 7 of 7 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 6

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

Accepted Answer

Following a +1.22% 3-day Advance, the price is estimated to grow further. Considering data from situations where DERM advanced for three days, in 150 of 174 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DERM 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 8

What does DERM breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 9

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

Accepted Answer

The Aroon Indicator for DERM entered a downward trend on August 19, 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.

DERM Stock Journey Medical (DERM, $4.32) RSI Indicator left the overbought zone on June 04, 2024

Momentum Indicator for DERM turns negative, indicating new downward trend

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