Question 1

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did PI'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 PI as a result. In 78 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 3

What does MACD indicator imply for PI?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for PI just turned positive on August 14, 2024. Looking at past instances where PI's MACD turned positive, the stock continued to rise in 34 of 43 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 PI?

Accepted Answer

PI moved above its 50-day moving average on August 15, 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 PI?

Accepted Answer

The 10-day moving average for PI crossed bearishly below the 50-day moving average on August 02, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 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 price advance indicate for PI?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PI advanced for three days, in 289 of 338 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.

Question 7

What does a 3-day decline signify for PI's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PI 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 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 217 of 248 cases where PI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

PI Stock Impinj (PI, $158.52) Aroon Indicator entered an Uptrend on May 28, 2024.

PI in +1.56% Uptrend, rising for three consecutive days on August 12, 2024

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