Question 1

What does the Stochastic Oscillator suggest about GMS'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 GMS's Momentum indicator behave recently?

Accepted Answer

GMS saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned positive. In 61 of the 79 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for GMS?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for GMS just turned positive on August 16, 2024. Looking at past instances where GMS's MACD turned positive, the stock continued to rise in 38 of 51 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 GMS?

Accepted Answer

GMS moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

Following a +3.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where GMS advanced for three days, in 277 of 359 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

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

Accepted Answer

GMS 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 GMS's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 238 of 329 cases where GMS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

GMS Stock GMS (GMS, $95.26) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 24, 2024

Momentum Indicator for GMS turns positive, indicating new upward trend

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