Question 1

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did MBIO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on MBIO as a result. In 67 of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for MBIO?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MBIO just turned positive on August 09, 2024. Looking at past instances where MBIO's MACD turned positive, the stock continued to rise in 37 of 44 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 MBIO?

Accepted Answer

MBIO moved above its 50-day moving average on August 19, 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 MBIO?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where MBIO advanced for three days, in 189 of 228 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MBIO 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 MBIO breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator for MBIO entered a downward trend on August 12, 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.

MBIO Stock Mustang Bio (MBIO, $0.16) RSI Indicator left the oversold zone on June 06, 2024

MBIO in +14.75% Uptrend, growing for three consecutive days on August 09, 2024

General Information