Question 1

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

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

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

Accepted Answer

OMCL moved above its 50-day moving average on July 30, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 4

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

Accepted Answer

The 10-day moving average for OMCL crossed bullishly above the 50-day moving average on July 31, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 14 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 5

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

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where OMCL advanced for three days, in 214 of 297 cases, the price rose further within the following month. The odds of a continued upward trend are 72%.

Question 6

What does OMCL breaking above its upper Bollinger Band indicate?

Accepted Answer

OMCL broke above its upper Bollinger Band on August 01, 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 7

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 184 of 249 cases where OMCL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

OMCL Stock Tickeron detected bullish Stock Pattern: Broadening Wedge Descending OMCL on May 02, 2024, netting in a 8.97% gain over 2 weeks

OMCL in +4.61% Uptrend, advancing for three consecutive days on August 09, 2024

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