Question 1

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

Accepted Answer

On August 14, 2024, the Stochastic Oscillator for OTRK moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 65 instances where the indicator left the oversold zone. In 52 of the 65 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did OTRK's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on OTRK as a result. In 57 of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for OTRK?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for OTRK just turned positive on August 19, 2024. Looking at past instances where OTRK's MACD turned positive, the stock continued to rise in 24 of 33 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 OTRK?

Accepted Answer

OTRK moved above its 50-day moving average on August 16, 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 OTRK?

Accepted Answer

The 10-day moving average for OTRK 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 10 of 11 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 OTRK's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OTRK 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 90%.

Question 7

What does OTRK breaking above its upper Bollinger Band indicate?

Accepted Answer

OTRK 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 OTRK's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 91 of 107 cases where OTRK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

OTRK Stock Ontrak (OTRK, $0.23) price may climb as it broke lower Bollinger Band on Jun 07, 2024

OTRK sees its Stochastic Oscillator recovers from oversold territory

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