Question 1

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

Accepted Answer

The 10-day RSI Oscillator for RDHL moved out of overbought territory on August 05, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 13 instances where the indicator moved out of the overbought zone. In 12 of the 13 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 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

How did RDHL's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on RDHL as a result. In 84 of 94 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 RDHL?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for RDHL turned negative on August 12, 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 35 of the 39 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 RDHL?

Accepted Answer

RDHL moved below its 50-day moving average on August 12, 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 RDHL?

Accepted Answer

The 10-day moving average for RDHL crossed bullishly above the 50-day moving average on August 01, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a +21.30% 3-day Advance, the price is estimated to grow further. Considering data from situations where RDHL advanced for three days, in 189 of 238 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RDHL 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 9

What does RDHL breaking above its upper Bollinger Band indicate?

Accepted Answer

RDHL broke above its upper Bollinger Band on August 01, 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.

RDHL Stock Redhill Biopharma (RDHL, $0.43) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 7, 2024

RDHL's RSI Oscillator leaves overbought zone

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