Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FENC's RSI Oscillator exited the oversold zone, 20 of 20 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 FENC's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 50 of 59 cases where FENC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did FENC's Momentum indicator behave recently?

Accepted Answer

FENC saw its Momentum Indicator move below the 0 level on July 29, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 109 similar instances where the indicator turned negative. In 84 of the 109 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 4

What does MACD indicator imply for FENC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for FENC turned negative on August 02, 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 47 similar instances when the indicator turned negative. In 39 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Following a +7.99% 3-day Advance, the price is estimated to grow further. Considering data from situations where FENC advanced for three days, in 230 of 288 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FENC 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 7

What does FENC breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator for FENC 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.

FENC Stock Fennec Pharmaceuticals (FENC, $6.98) Stochastic Oscillator left the overbought zone on May 15, 2024

Momentum Indicator for FENC turns negative, indicating new downward trend

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