Question 1

What does the Stochastic Oscillator suggest about INDV'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 2

How did INDV's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on INDV as a result. In 72 of 107 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 3

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

Accepted Answer

Following a +3.78% 3-day Advance, the price is estimated to grow further. Considering data from situations where INDV advanced for three days, in 106 of 146 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 4

What does a 3-day decline signify for INDV'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 INDV declined for three days, in 94 of 127 cases, the price declined further within the following month. The odds of a continued downward trend are 74%.

INDV Stock Indivior (INDV, $16.35) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 7, 2024

INDV in -5.39% downward trend, falling for three consecutive days on August 12, 2024

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