Question 1

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 58 of 67 cases where SNOA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

How did SNOA's Momentum indicator behave recently?

Accepted Answer

SNOA saw its Momentum Indicator move below the 0 level on August 05, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 98 similar instances where the indicator turned negative. In 79 of the 98 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 3

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

Accepted Answer

SNOA moved below its 50-day moving average on August 09, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 4

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

Accepted Answer

The 10-day moving average for SNOA crossed bearishly below the 50-day moving average on August 15, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 13 of 20 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 SNOA?

Accepted Answer

Following a +10.73% 3-day Advance, the price is estimated to grow further. Considering data from situations where SNOA advanced for three days, in 165 of 198 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 SNOA's future price movement?

Accepted Answer

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

Accepted Answer

SNOA 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 SNOA's trend?

Accepted Answer

The Aroon Indicator for SNOA 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.

SNOA Stock Sonoma Pharmaceuticals (SNOA, $0.19) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 4, 2024

Momentum Indicator for SNOA turns negative, indicating new downward trend

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