Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GPRO's RSI Indicator exited the oversold zone, 31 of 41 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 GPRO'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. 42 of 65 cases where GPRO'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

What does MACD indicator imply for GPRO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for GPRO turned negative on July 29, 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 44 similar instances when the indicator turned negative. In 40 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

GPRO moved below its 50-day moving average on August 01, 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 GPRO?

Accepted Answer

The 10-day moving average for GPRO 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 11 of 13 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 decline signify for GPRO'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 GPRO declined for three days, in 247 of 278 cases, the price declined further within the following month. The odds of a continued downward trend are 89%.

Question 7

What does GPRO breaking above its upper Bollinger Band indicate?

Accepted Answer

GPRO 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 GPRO's trend?

Accepted Answer

The Aroon Indicator for GPRO entered a downward trend on August 16, 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.

GPRO Stock GoPro (GPRO, $1.62) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 17, 2024

GPRO in -2.05% downward trend, falling for three consecutive days on August 12, 2024

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