Question 1

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

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 8 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 PETQ's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did PETQ's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 07, 2024. You may want to consider a long position or call options on PETQ as a result. In 75 of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for PETQ?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for PETQ just turned positive on August 07, 2024. Looking at past instances where PETQ's MACD turned positive, the stock continued to rise in 43 of 53 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

PETQ moved above its 50-day moving average on August 07, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

The 10-day moving average for PETQ crossed bullishly above the 50-day moving average on August 07, 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 7

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

Accepted Answer

Following a +0.36% 3-day Advance, the price is estimated to grow further. Considering data from situations where PETQ advanced for three days, in 245 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does a 3-day decline signify for PETQ'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 PETQ declined for three days, in 250 of 319 cases, the price declined further within the following month. The odds of a continued downward trend are 78%.

Question 9

What does PETQ breaking above its upper Bollinger Band indicate?

Accepted Answer

PETQ broke above its upper Bollinger Band on August 07, 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 10

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

Accepted Answer

The Aroon Indicator for PETQ entered a downward trend on August 06, 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.

PETQ Stock PetIQ (PETQ, $19.91) RSI Indicator left the overbought zone on May 28, 2024

PETQ in -0.26% downward trend, falling for three consecutive days on August 12, 2024

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