Question 1

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did NET's Momentum indicator behave recently?

Accepted Answer

NET saw its Momentum Indicator move above the 0 level on August 13, 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 88 similar instances where the indicator turned positive. In 74 of the 88 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 NET?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for NET just turned positive on August 13, 2024. Looking at past instances where NET's MACD turned positive, the stock continued to rise in 44 of 51 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 NET?

Accepted Answer

NET moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for NET?

Accepted Answer

The 10-day moving average for NET crossed bullishly above the 50-day moving average on August 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 16 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

Following a +2.33% 3-day Advance, the price is estimated to grow further. Considering data from situations where NET advanced for three days, in 273 of 324 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 NET's future price movement?

Accepted Answer

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

Accepted Answer

NET broke above its upper Bollinger Band on August 13, 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 NET's trend?

Accepted Answer

The Aroon Indicator for NET 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.

NET Stock Cloudflare (NET, $69.85) RSI Indicator left the oversold zone on June 05, 2024

Momentum Indicator for NET turns positive, indicating new upward trend

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