Question 1

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 2

How did MDB's Momentum indicator behave recently?

Accepted Answer

MDB saw its Momentum Indicator move above the 0 level on August 15, 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 75 similar instances where the indicator turned positive. In 68 of the 75 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 MDB?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MDB just turned positive on August 13, 2024. Looking at past instances where MDB's MACD turned positive, the stock continued to rise in 38 of 42 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 MDB?

Accepted Answer

MDB 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 5

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

Accepted Answer

Following a +3.17% 3-day Advance, the price is estimated to grow further. Considering data from situations where MDB advanced for three days, in 265 of 327 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 MDB's future price movement?

Accepted Answer

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

Accepted Answer

MDB 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 MDB's trend?

Accepted Answer

The Aroon Indicator for MDB entered a downward trend on August 09, 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.

MDB Stock MongoDB (MDB, $335.86) RSI Indicator left the oversold zone on May 28, 2024

Momentum Indicator for MDB turns positive, indicating new upward trend

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