Question 1

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

Accepted Answer

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did GTIM's Momentum indicator behave recently?

Accepted Answer

GTIM 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 116 similar instances where the indicator turned positive. In 92 of the 116 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for GTIM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for GTIM just turned positive on August 08, 2024. Looking at past instances where GTIM's MACD turned positive, the stock continued to rise in 36 of 45 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

GTIM moved above its 50-day moving average on August 07, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for GTIM?

Accepted Answer

The 10-day moving average for GTIM crossed bullishly above the 50-day moving average on July 31, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 14 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a +6.79% 3-day Advance, the price is estimated to grow further. Considering data from situations where GTIM advanced for three days, in 176 of 239 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 GTIM's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GTIM 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 79%.

Question 9

What does GTIM breaking above its upper Bollinger Band indicate?

Accepted Answer

GTIM broke above its upper Bollinger Band on August 19, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

GTIM Stock Good Times Restaurants (GTIM, $2.45) price may climb as it broke lower Bollinger Band on Jun 04, 2024

Momentum Indicator for GTIM turns positive, indicating new upward trend

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