Question 1

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

Accepted Answer

The RSI Oscillator for HUN moved out of oversold territory on August 15, 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 28 similar instances when the indicator left oversold territory. In 21 of the 28 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about HUN'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. 44 of 64 cases where HUN'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 HUN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 01, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HUN as a result. In 72 of 105 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 HUN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for HUN turned negative on August 05, 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 51 similar instances when the indicator turned negative. In 32 of the 51 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 HUN?

Accepted Answer

HUN 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 6

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

Accepted Answer

Following a +0.48% 3-day Advance, the price is estimated to grow further. Considering data from situations where HUN advanced for three days, in 185 of 281 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HUN 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 63%.

Question 8

What does HUN breaking above its upper Bollinger Band indicate?

Accepted Answer

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

HUN Stock Huntsman (HUN, $24) price may climb as it broke lower Bollinger Band on Jun 03, 2024

HUN's RSI Indicator ascends from oversold territory

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