Question 1

What does the Stochastic Oscillator suggest about KGC's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did KGC's Momentum indicator behave recently?

Accepted Answer

KGC saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In 74 of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for KGC?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for KGC just turned positive on August 15, 2024. Looking at past instances where KGC's MACD turned positive, the stock continued to rise in 43 of 53 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for KGC?

Accepted Answer

KGC moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

Following a +5.05% 3-day Advance, the price is estimated to grow further. Considering data from situations where KGC advanced for three days, in 226 of 293 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KGC 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 7

What does KGC breaking above its upper Bollinger Band indicate?

Accepted Answer

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

KGC Stock Kinross Gold (KGC, $7.99) entered Uptrend as Momentum indicator ascends above 0 level on Jun 06, 2024

Momentum Indicator for KGC turns positive, indicating new upward trend

General Information