Question 1

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

Accepted Answer

The 10-day RSI Indicator for MORN moved out of overbought territory on July 29, 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 39 similar instances where the indicator moved out of overbought territory. In 23 of the 39 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 MORN'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 MORN's Momentum indicator behave recently?

Accepted Answer

MORN 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 83 similar instances where the indicator turned positive. In 62 of the 83 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 MORN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MORN just turned positive on August 19, 2024. Looking at past instances where MORN's MACD turned positive, the stock continued to rise in 35 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

Following a +1.71% 3-day Advance, the price is estimated to grow further. Considering data from situations where MORN advanced for three days, in 229 of 337 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 MORN's future price movement?

Accepted Answer

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

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 151 of 210 cases where MORN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

MORN Stock Morningstar (MORN, $299.86) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 7, 2024

Momentum Indicator for MORN turns positive, indicating new upward trend

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