Question 1

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

Accepted Answer

On August 16, 2024, the Stochastic Oscillator for PRGO 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 53 instances where the indicator left the oversold zone. In 36 of the 53 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did PRGO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 19, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PRGO as a result. In 65 of 80 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 3

What does MACD indicator imply for PRGO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PRGO turned negative on August 08, 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 45 similar instances when the indicator turned negative. In 31 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

PRGO 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 does a 3-day price advance indicate for PRGO?

Accepted Answer

Following a +3.02% 3-day Advance, the price is estimated to grow further. Considering data from situations where PRGO advanced for three days, in 194 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PRGO 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 67%.

Question 7

What does PRGO breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 107 of 184 cases where PRGO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

PRGO Stock Perrigo (PRGO, $27) RSI Indicator left the oversold zone on June 06, 2024

PRGO sees its Stochastic Oscillator climbs out of oversold territory

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