Question 1

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

Accepted Answer

The 10-day RSI Oscillator for RNLX moved out of overbought territory on August 01, 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 24 instances where the indicator moved out of the overbought zone. In 22 of the 24 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 RNLX's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did RNLX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on RNLX as a result. In 47 of 55 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for RNLX?

Accepted Answer

RNLX moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

The 10-day moving average for RNLX crossed bullishly above the 50-day moving average on August 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 7 of 9 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 6

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

Accepted Answer

Following a +9.78% 3-day Advance, the price is estimated to grow further. Considering data from situations where RNLX advanced for three days, in 153 of 180 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RNLX 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 8

What does RNLX breaking above its upper Bollinger Band indicate?

Accepted Answer

RNLX broke above its upper Bollinger Band on July 29, 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 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 66 of 79 cases where RNLX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

RNLX Stock Renalytix (RNLX, $0.45) Aroon Indicator entered a Downtrend on June 07, 2024.

RNLX's RSI Oscillator peaks and leaves overbought zone

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