Question 1

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

Accepted Answer

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

Question 2

How did PDSB's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on PDSB as a result. In 67 of 80 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 PDSB?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for PDSB just turned positive on August 19, 2024. Looking at past instances where PDSB's MACD turned positive, the stock continued to rise in 42 of 48 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 PDSB?

Accepted Answer

PDSB moved above its 50-day moving average on August 19, 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 PDSB?

Accepted Answer

The 10-day moving average for PDSB 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 12 of 15 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 price advance indicate for PDSB?

Accepted Answer

Following a +8.98% 3-day Advance, the price is estimated to grow further. Considering data from situations where PDSB advanced for three days, in 226 of 257 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 PDSB's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where PDSB declined for three days, in 283 of 317 cases, the price declined further within the following month. The odds of a continued downward trend are 89%.

Question 8

What does PDSB breaking above its upper Bollinger Band indicate?

Accepted Answer

PDSB broke above its upper Bollinger Band on August 19, 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 9

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

Accepted Answer

The Aroon Indicator for PDSB entered a downward trend on August 19, 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.

PDSB Stock PDS Biotechnology (PDSB, $2.92) Aroon Indicator entered a Downtrend on June 07, 2024.

PDSB in -4.76% downward trend, falling for three consecutive days on August 07, 2024

General Information