Question 1

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

Accepted Answer

The 10-day RSI Indicator for PLRX moved out of overbought territory on August 02, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 similar instances where the indicator moved out of overbought territory. In 18 of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

On August 19, 2024, the Stochastic Oscillator for PLRX moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 60 instances where the indicator left the oversold zone. In 47 of the 60 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 3

How did PLRX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on PLRX as a result. In 50 of 69 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 PLRX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PLRX turned negative on August 06, 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 41 similar instances when the indicator turned negative. In 37 of the 41 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 PLRX?

Accepted Answer

PLRX 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 6

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

Accepted Answer

Following a +6.60% 3-day Advance, the price is estimated to grow further. Considering data from situations where PLRX advanced for three days, in 190 of 244 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 PLRX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PLRX 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 87%.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 67 of 88 cases where PLRX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

PLRX Stock Pliant Therapeutics (PLRX, $11.54) RSI Indicator left the oversold zone on June 06, 2024

PLRX sees its Stochastic Oscillator ascending out of oversold territory

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