Question 1

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

Accepted Answer

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 13 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did EB's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on July 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EB as a result. In 68 of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 4

What does MACD indicator imply for EB?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for EB 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 43 similar instances when the indicator turned negative. In 35 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

EB moved below its 50-day moving average on July 31, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

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

Accepted Answer

The 10-day moving average for EB crossed bearishly below the 50-day moving average on August 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 14 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 7

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

Accepted Answer

Following a +8.54% 3-day Advance, the price is estimated to grow further. Considering data from situations where EB advanced for three days, in 208 of 270 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EB 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 9

What does EB breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator for EB 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.

EB Stock Eventbrite (EB, $5.14) entered Uptrend as Momentum indicator ascends above 0 level on Jun 05, 2024

EB's RSI Indicator stays in oversold zone for 10 days

General Information