Question 1

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

Accepted Answer

The 10-day RSI Indicator for RUSHA moved out of overbought territory on August 02, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In 27 of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

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

Question 3

How did RUSHA's Momentum indicator behave recently?

Accepted Answer

RUSHA saw its Momentum Indicator move above the 0 level on August 16, 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 92 similar instances where the indicator turned positive. In 68 of the 92 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 RUSHA?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for RUSHA turned negative on August 08, 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 53 similar instances when the indicator turned negative. In 33 of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Following a +2.30% 3-day Advance, the price is estimated to grow further. Considering data from situations where RUSHA advanced for three days, in 244 of 337 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 RUSHA's future price movement?

Accepted Answer

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

Accepted Answer

RUSHA 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.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 194 of 266 cases where RUSHA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

RUSHA Stock Rush Enterprises (RUSHA, $43.7) RSI Indicator left the oversold zone on May 03, 2024

Momentum Indicator for RUSHA turns positive, indicating new upward trend

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