Question 1

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

Accepted Answer

The 10-day RSI Indicator for OGI moved out of overbought territory on August 19, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 18 similar instances where the indicator moved out of overbought territory. In 17 of the 18 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did OGI's Momentum indicator behave recently?

Accepted Answer

OGI 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 102 similar instances where the indicator turned positive. In 80 of the 102 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 OGI?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for OGI just turned positive on August 13, 2024. Looking at past instances where OGI's MACD turned positive, the stock continued to rise in 42 of 50 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 OGI?

Accepted Answer

OGI 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 6

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

Accepted Answer

The 10-day moving average for OGI crossed bullishly above the 50-day moving average on August 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 12 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 7

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

Accepted Answer

Following a +8.95% 3-day Advance, the price is estimated to grow further. Considering data from situations where OGI advanced for three days, in 174 of 209 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OGI 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 88%.

Question 9

What does OGI breaking above its upper Bollinger Band indicate?

Accepted Answer

OGI 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 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 80 of 98 cases where OGI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

OGI Stock Organigram Holdings (OGI, $1.58) RSI Indicator left the oversold zone on June 07, 2024

Momentum Indicator for OGI turns positive, indicating new upward trend

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