Question 1

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

Accepted Answer

The RSI Indicator for QTRX moved out of oversold territory on August 15, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 29 similar instances when the indicator left oversold territory. In 19 of the 29 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about QTRX'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. 51 of 62 cases where QTRX'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 QTRX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on July 29, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on QTRX as a result. In 85 of 98 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 4

What does MACD indicator imply for QTRX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for QTRX 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 50 similar instances when the indicator turned negative. In 42 of the 50 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 QTRX?

Accepted Answer

QTRX 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 is the significance of the 10-day moving average indicator for QTRX?

Accepted Answer

The 10-day moving average for QTRX crossed bearishly below the 50-day moving average on August 06, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 12 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 7

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

Accepted Answer

Following a +17.62% 3-day Advance, the price is estimated to grow further. Considering data from situations where QTRX advanced for three days, in 218 of 271 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where QTRX 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 82%.

Question 9

What does QTRX breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator for QTRX 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.

QTRX Stock Quanterix (QTRX, $17) Stochastic Oscillator left the oversold zone on June 07, 2024

QTRX's RSI Indicator ascends from oversold territory

General Information