Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NBY's RSI Indicator exited the oversold zone, 35 of 38 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 NBY's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did NBY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on NBY as a result. In 62 of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for NBY?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for NBY just turned positive on August 14, 2024. Looking at past instances where NBY's MACD turned positive, the stock continued to rise in 41 of 48 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 NBY?

Accepted Answer

Following a +19.87% 3-day Advance, the price is estimated to grow further. Considering data from situations where NBY advanced for three days, in 182 of 220 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 NBY'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 NBY declined for three days, in 358 of 386 cases, the price declined further within the following month. The odds of a continued downward trend are 90%.

Question 7

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

Accepted Answer

The Aroon Indicator for NBY 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.

NBY Stock NovaBay Pharmaceuticals (NBY, $0.12) RSI Indicator left the overbought zone on May 16, 2024

NBY in -22.45% downward trend, declining for three consecutive days on August 08, 2024

General Information