Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where IDN's RSI Indicator exited the oversold zone, 14 of 20 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 IDN's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

What does a 3-day decline signify for IDN'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 IDN declined for three days, in 205 of 269 cases, the price declined further within the following month. The odds of a continued downward trend are 0%.

Question 4

What does IDN breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 5

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

Accepted Answer

The Aroon Indicator for IDN entered a downward trend on August 19, 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.

IDN Stock Intellicheck (IDN, $3.54) RSI Indicator left the overbought zone on June 06, 2024

IDN in -8.22% downward trend, sliding for three consecutive days on August 05, 2024

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