Question 1

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

Accepted Answer

The 10-day RSI Indicator for KMT moved out of overbought territory on August 01, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In 20 of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did KMT's Momentum indicator behave recently?

Accepted Answer

KMT 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 96 similar instances where the indicator turned positive. In 62 of the 96 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for KMT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for KMT just turned positive on August 16, 2024. Looking at past instances where KMT's MACD turned positive, the stock continued to rise in 29 of 50 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

KMT moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

Following a +1.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where KMT advanced for three days, in 184 of 303 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 KMT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KMT 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 70%.

Question 8

What does KMT breaking above its upper Bollinger Band indicate?

Accepted Answer

KMT broke above its upper Bollinger Band on July 30, 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 KMT's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 93 of 174 cases where KMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

KMT Stock Kennametal (KMT, $24.54) price moved above its 50-day Moving Average on May 03, 2024

Momentum Indicator for KMT turns positive, indicating new upward trend

General Information