Question 1

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

Accepted Answer

NCNO saw its Momentum Indicator move above the 0 level on August 14, 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 70 similar instances where the indicator turned positive. In 58 of the 70 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 NCNO?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for NCNO just turned positive on August 14, 2024. Looking at past instances where NCNO's MACD turned positive, the stock continued to rise in 35 of 43 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 NCNO?

Accepted Answer

NCNO moved above its 50-day moving average on August 07, 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 NCNO?

Accepted Answer

Following a +6.41% 3-day Advance, the price is estimated to grow further. Considering data from situations where NCNO advanced for three days, in 187 of 253 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 NCNO's future price movement?

Accepted Answer

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

Accepted Answer

NCNO broke above its upper Bollinger Band on August 15, 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.

NCNO Stock nCino (NCNO, $32.15) price moved above its 50-day Moving Average on May 15, 2024

Momentum Indicator for NCNO turns positive, indicating new upward trend

General Information