Question 1

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

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did RARE's Momentum indicator behave recently?

Accepted Answer

RARE saw its Momentum Indicator move above the 0 level on July 31, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned positive. In 70 of the 86 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for RARE?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for RARE just turned positive on August 02, 2024. Looking at past instances where RARE's MACD turned positive, the stock continued to rise in 42 of 50 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

Following a +3.96% 3-day Advance, the price is estimated to grow further. Considering data from situations where RARE advanced for three days, in 237 of 294 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 RARE's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RARE 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 7

What does RARE breaking above its upper Bollinger Band indicate?

Accepted Answer

RARE broke above its upper Bollinger Band on August 02, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 171 of 219 cases where RARE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

RARE Stock Ultragenyx Pharmaceutical (RARE, $41.13) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 3, 2024

Momentum Indicator for RARE turns positive, indicating new upward trend

General Information