Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where REKR's RSI Indicator exited the oversold zone, 37 of 38 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 REKR's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 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 is the significance of the 50-day moving average indicator for REKR?

Accepted Answer

REKR moved below its 50-day moving average on August 02, 2024 date and that indicates a change from an upward trend to a downward trend. In 25 of 30 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 0%.

Question 4

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

Accepted Answer

The 10-day moving average for REKR crossed bearishly below the 50-day moving average on August 08, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 11 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 5

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

Accepted Answer

Following a +7.81% 3-day Advance, the price is estimated to grow further. Considering data from situations where REKR advanced for three days, in 253 of 292 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 REKR's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where REKR 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 REKR breaking above its upper Bollinger Band indicate?

Accepted Answer

REKR 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 REKR's trend?

Accepted Answer

The Aroon Indicator for REKR 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.

REKR Stock Rekor Systems (REKR, $1.6) entered Downtrend as Momentum indicator drops below 0 level on Jun 06, 2024

REKR in downward trend: price dove below 50-day moving average on August 02, 2024

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