Question 1

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

Accepted Answer

The RSI Indicator for PGNY 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 29 similar instances when the indicator left oversold territory. In 18 of the 29 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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 PGNY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on July 29, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PGNY as a result. In 67 of 83 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 PGNY?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PGNY 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 47 similar instances when the indicator turned negative. In 37 of the 47 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 PGNY?

Accepted Answer

PGNY moved below its 50-day moving average on August 01, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

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

Accepted Answer

The 10-day moving average for PGNY crossed bearishly below the 50-day moving average on August 07, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 14 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 7

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

Accepted Answer

Following a +1.58% 3-day Advance, the price is estimated to grow further. Considering data from situations where PGNY advanced for three days, in 239 of 299 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 PGNY's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PGNY 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 0%.

Question 9

What does PGNY breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator for PGNY entered a downward trend on August 16, 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.

PGNY Stock Progyny (PGNY, $27.93) entered Uptrend as Momentum indicator ascends above 0 level on Jun 06, 2024

PGNY's RSI Oscillator ascending out of oversold territory

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