Question 1

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

Accepted Answer

The RSI Indicator for SM moved out of oversold territory on August 08, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 27 similar instances when the indicator left oversold territory. In 21 of the 27 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did SM'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 SM as a result. In 82 of 101 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 does MACD indicator imply for SM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SM just turned positive on August 13, 2024. Looking at past instances where SM's MACD turned positive, the stock continued to rise in 41 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

SM 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 6

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

Accepted Answer

Following a +4.03% 3-day Advance, the price is estimated to grow further. Considering data from situations where SM advanced for three days, in 245 of 306 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 SM's future price movement?

Accepted Answer

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

Accepted Answer

SM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

SM Stock SM Energy (SM, $46.76) Stochastic Oscillator left the oversold zone on June 05, 2024

SM's RSI Indicator recovers from oversold territory

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