Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where EYEN's RSI Indicator exited the oversold zone, 30 of 35 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 EYEN's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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 EYEN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 02, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EYEN as a result. In 60 of 73 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 EYEN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for EYEN turned negative on August 01, 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 42 similar instances when the indicator turned negative. In 35 of the 42 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 EYEN?

Accepted Answer

EYEN moved below its 50-day moving average on August 08, 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 EYEN?

Accepted Answer

The 10-day moving average for EYEN crossed bearishly below the 50-day moving average on August 15, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 16 of 16 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 EYEN?

Accepted Answer

Following a +8.67% 3-day Advance, the price is estimated to grow further. Considering data from situations where EYEN advanced for three days, in 212 of 263 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 EYEN's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EYEN declined for three days, in 313 of 352 cases, the price declined further within the following month. The odds of a continued downward trend are 89%.

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 112 of 138 cases where EYEN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

EYEN Stock Eyenovia (EYEN, $0.74) entered Downtrend as Momentum indicator drops below 0 level on Jun 04, 2024

EYEN in -8.50% downward trend, declining for three consecutive days on August 09, 2024

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