Question 1

What does the Stochastic Oscillator suggest about NGNE'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. 54 of 63 cases where NGNE'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 2

How did NGNE'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 NGNE as a result. In 73 of 87 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 3

What does MACD indicator imply for NGNE?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for NGNE turned negative on July 29, 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 40 similar instances when the indicator turned negative. In 33 of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

NGNE moved below its 50-day moving average on August 05, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

The 10-day moving average for NGNE crossed bearishly below the 50-day moving average on August 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 15 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day decline signify for NGNE'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 NGNE declined for three days, in 278 of 320 cases, the price declined further within the following month. The odds of a continued downward trend are 87%.

Question 7

What does NGNE breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator for NGNE 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.

NGNE Stock Neurogene (NGNE, $36.63) Aroon Indicator entered a Downtrend on May 03, 2024.

NGNE in -5.09% downward trend, declining for three consecutive days on August 12, 2024

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