Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PLX's RSI Indicator exited the oversold zone, 10 of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 62 of 70 cases where PLX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did PLX's Momentum indicator behave recently?

Accepted Answer

PLX saw its Momentum Indicator move below the 0 level on July 29, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 89 similar instances where the indicator turned negative. In 68 of the 89 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 4

What does MACD indicator imply for PLX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PLX turned negative on July 30, 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 51 similar instances when the indicator turned negative. In 39 of the 51 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 PLX?

Accepted Answer

PLX moved below its 50-day moving average on July 29, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

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

Accepted Answer

Following a +4.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where PLX advanced for three days, in 216 of 255 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 PLX's future price movement?

Accepted Answer

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

What does PLX breaking above its upper Bollinger Band indicate?

Accepted Answer

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

PLX Stock Protalix BioTherapeutics (PLX, $1.13) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 6, 2024

Momentum Indicator for PLX turns negative, indicating new downward trend

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