Question 1

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

Accepted Answer

The RSI Indicator for GYRE moved out of oversold territory on August 09, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 48 similar instances when the indicator left oversold territory. In 36 of the 48 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about GYRE'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. 46 of 61 cases where GYRE'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 GYRE's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on GYRE as a result. In 76 of 99 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for GYRE?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for GYRE turned negative on July 30, 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 38 of the 44 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 GYRE?

Accepted Answer

GYRE moved below its 50-day moving average on August 02, 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 GYRE?

Accepted Answer

The 10-day moving average for GYRE crossed bearishly below the 50-day moving average on August 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 14 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 price advance indicate for GYRE?

Accepted Answer

Following a +10.11% 3-day Advance, the price is estimated to grow further. Considering data from situations where GYRE advanced for three days, in 209 of 261 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 GYRE's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GYRE 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 9

What does GYRE breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 108 of 138 cases where GYRE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

GYRE Stock Gyre Therapeutics (GYRE, $11.99) RSI Indicator left the oversold zone on May 24, 2024

GYRE's RSI Oscillator recovers from oversold territory

General Information