Question 1

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

Accepted Answer

The 10-day RSI Indicator for ORIC moved out of overbought territory on July 29, 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 26 similar instances where the indicator moved out of overbought territory. In 23 of the 26 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 ORIC's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did ORIC's Momentum indicator behave recently?

Accepted Answer

ORIC saw its Momentum Indicator move above the 0 level on August 19, 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 71 similar instances where the indicator turned positive. In 60 of the 71 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 ORIC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ORIC turned negative on August 01, 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 34 similar instances when the indicator turned negative. In 29 of the 34 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

ORIC moved above its 50-day moving average on August 14, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

Following a +22.51% 3-day Advance, the price is estimated to grow further. Considering data from situations where ORIC advanced for three days, in 183 of 218 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 ORIC's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ORIC 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 87%.

Question 8

What does ORIC breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 128 of 166 cases where ORIC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ORIC Stock Oric Pharmaceuticals (ORIC, $8.83) entered Uptrend as Momentum indicator ascends above 0 level on Jun 07, 2024

Momentum Indicator for ORIC turns positive, indicating new upward trend

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