Question 1

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

Accepted Answer

On August 12, 2024, the Stochastic Oscillator for DMAC moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 57 instances where the indicator left the oversold zone. In 48 of the 57 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did DMAC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 14, 2024. You may want to consider a long position or call options on DMAC as a result. In 80 of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for DMAC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for DMAC turned negative on July 31, 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 46 similar instances when the indicator turned negative. In 35 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

Following a +3.45% 3-day Advance, the price is estimated to grow further. Considering data from situations where DMAC advanced for three days, in 212 of 256 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DMAC 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 83%.

Question 6

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 154 of 181 cases where DMAC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

DMAC Stock DiaMedica Therapeutics (DMAC, $2.56) price may climb as it broke lower Bollinger Band on Jun 07, 2024

DMAC sees its Stochastic Oscillator climbs out of oversold territory

General Information