Question 1

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

Accepted Answer

The RSI Indicator for EGUS moved out of oversold territory on August 06, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 6 similar instances when the indicator left oversold territory. In 5 of the 6 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did EGUS'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 EGUS as a result. In 18 of 21 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 EGUS?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for EGUS just turned positive on August 13, 2024. Looking at past instances where EGUS's MACD turned positive, the stock continued to rise in 10 of 12 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 EGUS?

Accepted Answer

EGUS moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

The 10-day moving average for EGUS crossed bearishly below the 50-day moving average on July 30, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 2 of 3 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 EGUS?

Accepted Answer

Following a +1.55% 3-day Advance, the price is estimated to grow further. Considering data from situations where EGUS advanced for three days, in 101 of 118 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 EGUS's future price movement?

Accepted Answer

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

Accepted Answer

EGUS 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 EGUS's trend?

Accepted Answer

The Aroon Indicator for EGUS entered a downward trend on August 14, 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.

EGUS Stock iShares ESG Aware MSCI USA Growth ETF (EGUS, $39.01) Aroon Indicator entered an Uptrend on June 07, 2024.

EGUS's RSI Oscillator ascends from oversold territory

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