Question 1

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

Accepted Answer

The RSI Indicator 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 Uptrend is expected.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 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 FGEN'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 FGEN as a result. In 74 of 92 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 FGEN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for FGEN 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 41 similar instances when the indicator turned negative. In 32 of the 41 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 FGEN?

Accepted Answer

FGEN moved below its 50-day moving average on July 30, 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 FGEN?

Accepted Answer

The 10-day moving average for FGEN crossed bearishly below the 50-day moving average on August 01, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 15 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 decline signify for FGEN'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 FGEN declined for three days, in 249 of 302 cases, the price declined further within the following month. The odds of a continued downward trend are 82%.

Question 8

What does FGEN breaking above its upper Bollinger Band indicate?

Accepted Answer

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

FGEN Stock FibroGen (FGEN, $1.28) Stochastic Oscillator left the overbought zone on May 28, 2024

FGEN in -12.66% downward trend, declining for three consecutive days on August 12, 2024

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