Question 1

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

How did SAM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on SAM as a result. In 46 of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for SAM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SAM just turned positive on August 14, 2024. Looking at past instances where SAM's MACD turned positive, the stock continued to rise in 34 of 52 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

SAM moved below its 50-day moving average on July 29, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

Following a +3.56% 3-day Advance, the price is estimated to grow further. Considering data from situations where SAM advanced for three days, in 206 of 317 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 SAM's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SAM declined for three days, in 234 of 313 cases, the price declined further within the following month. The odds of a continued downward trend are 75%.

Question 7

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

Accepted Answer

The Aroon Indicator for SAM entered a downward trend on August 06, 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.

SAM Stock Boston Beer (SAM, $302.76) RSI Indicator left the overbought zone on June 03, 2024

SAM in -1.07% downward trend, falling for three consecutive days on August 07, 2024

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