Question 1

What does the Stochastic Oscillator suggest about ESI'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 2

How did ESI'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 ESI as a result. In 63 of 88 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 ESI?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ESI just turned positive on August 16, 2024. Looking at past instances where ESI's MACD turned positive, the stock continued to rise in 39 of 53 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

ESI moved below its 50-day moving average on August 02, 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 ESI?

Accepted Answer

The 10-day moving average for ESI crossed bearishly below the 50-day moving average on August 06, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 16 of 18 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 ESI?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ESI advanced for three days, in 211 of 312 cases, the price rose further within the following month. The odds of a continued upward trend are 68%.

Question 7

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

Accepted Answer

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

Accepted Answer

ESI 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 ESI's trend?

Accepted Answer

The Aroon Indicator for ESI 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.

ESI Stock Element Solutions (ESI, $24.35) price moved above its 50-day Moving Average on May 24, 2024

ESI in +4.12% Uptrend, rising for three consecutive days on August 09, 2024

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