Question 1

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

Accepted Answer

LGVN moved below its 50-day moving average on August 15, 2024 date and that indicates a change from an upward trend to a downward trend. In 19 of 23 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 0%.

Question 2

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

Accepted Answer

The 10-day moving average for LGVN crossed bearishly below the 50-day moving average on August 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 3

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LGVN 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 4

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

Accepted Answer

The Aroon Indicator for LGVN 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.

LGVN Stock Longeveron (LGVN, $1.04) RSI Indicator left the oversold zone on June 07, 2024

LGVN in downward trend: price dove below 50-day moving average on August 15, 2024

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