Question 1

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

Accepted Answer

The RSI Indicator for PCRX moved out of oversold territory on August 19, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 36 similar instances when the indicator left oversold territory. In 30 of the 36 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did PCRX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PCRX as a result. In 70 of 85 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 4

What does MACD indicator imply for PCRX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PCRX turned negative on August 09, 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 46 similar instances when the indicator turned negative. In 35 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Following a +7.66% 3-day Advance, the price is estimated to grow further. Considering data from situations where PCRX advanced for three days, in 190 of 285 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does PCRX breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 7

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

Accepted Answer

The Aroon Indicator for PCRX entered a downward trend on July 30, 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.

PCRX Stock Pacira BioSciences (PCRX, $29.12) price may climb as it broke lower Bollinger Band on Jun 06, 2024

PCRX's RSI Indicator ascends from oversold territory

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