Question 1

What does MACD indicator imply for LIXT?

Accepted Answer

LIXT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on July 29, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In 40 of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 90%.

Question 2

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

Accepted Answer

Following a +5.88% 3-day Advance, the price is estimated to grow further. Considering data from situations where LIXT advanced for three days, in 131 of 161 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.

Question 3

What does LIXT breaking above its upper Bollinger Band indicate?

Accepted Answer

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

LIXT Stock Lixte Biotechnology Holdings (LIXT, $2.11) Aroon Indicator entered a Downtrend on June 07, 2024.

LIXT sees MACD Histogram crosses below signal line

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