Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where MRSN's RSI Oscillator exited the oversold zone, 38 of 45 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 48 of 62 cases where MRSN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did MRSN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on July 29, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MRSN as a result. In 71 of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 4

What does MACD indicator imply for MRSN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for MRSN turned negative on August 01, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 39 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where MRSN declined for three days, in 261 of 298 cases, the price declined further within the following month. The odds of a continued downward trend are 88%.

Question 6

What does MRSN breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 7

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

Accepted Answer

The Aroon Indicator for MRSN 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.

MRSN Stock Mersana Therapeutics (MRSN, $2.14) Aroon Indicator entered a Downtrend on June 07, 2024.

MRSN in -2.74% downward trend, falling for three consecutive days on August 12, 2024

General Information