Question 1

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

Accepted Answer

The 10-day RSI Oscillator for IMCC moved out of overbought territory on August 01, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 instances where the indicator moved out of the overbought zone. In 17 of the 21 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

What does the Stochastic Oscillator suggest about IMCC'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. 45 of 54 cases where IMCC'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 IMCC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on IMCC as a result. In 58 of 66 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 is the significance of the 50-day moving average indicator for IMCC?

Accepted Answer

IMCC moved above its 50-day moving average on August 06, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

The 10-day moving average for IMCC crossed bullishly above the 50-day moving average on August 07, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 10 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 6

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

Accepted Answer

Following a +12.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where IMCC advanced for three days, in 133 of 162 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 IMCC's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IMCC 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 8

What does IMCC breaking above its upper Bollinger Band indicate?

Accepted Answer

IMCC broke above its upper Bollinger Band on July 31, 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.

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 63 of 74 cases where IMCC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

IMCC Stock IM Cannabis (IMCC, $0.46) Aroon Indicator entered a Downtrend on June 07, 2024.

IMCC's RSI Indicator peaks and leaves overbought zone

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