Question 1

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

Accepted Answer

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

Question 2

What does the Stochastic Oscillator suggest about MUX'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 MUX's Momentum indicator behave recently?

Accepted Answer

MUX 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 96 similar instances where the indicator turned positive. In 80 of the 96 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 MUX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MUX just turned positive on August 14, 2024. Looking at past instances where MUX's MACD turned positive, the stock continued to rise in 36 of 45 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for MUX?

Accepted Answer

MUX 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 6

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

Accepted Answer

Following a +13.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where MUX advanced for three days, in 197 of 250 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MUX 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 8

What does MUX breaking above its upper Bollinger Band indicate?

Accepted Answer

MUX broke above its upper Bollinger Band on August 19, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 9

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

Accepted Answer

The Aroon Indicator for MUX entered a downward trend on August 14, 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.

MUX Stock McEwen Mining (MUX, $11.31) price moved above its 50-day Moving Average on June 06, 2024

Momentum Indicator for MUX turns positive, indicating new upward trend

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