Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where QNRX's RSI Indicator exited the oversold zone, 32 of 39 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 QNRX's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 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

What does MACD indicator imply for QNRX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for QNRX 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 39 similar instances when the indicator turned negative. In 36 of the 39 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

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

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where QNRX declined for three days, in 339 of 375 cases, the price declined further within the following month. The odds of a continued downward trend are 90%.

Question 5

What does QNRX breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 6

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

Accepted Answer

The Aroon Indicator for QNRX entered a downward trend on August 19, 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.

QNRX Stock Quoin Pharmaceuticals (QNRX, $0.72) Aroon Indicator entered a Downtrend on June 07, 2024.

QNRX in -12.24% downward trend, sliding for three consecutive days on August 09, 2024

General Information