Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SPRO's RSI Oscillator exited the oversold zone, 33 of 46 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 12 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did SPRO's Momentum indicator behave recently?

Accepted Answer

SPRO saw its Momentum Indicator move below the 0 level on July 29, 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 82 similar instances where the indicator turned negative. In 69 of the 82 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 4

What does MACD indicator imply for SPRO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for SPRO turned negative on August 02, 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 38 similar instances when the indicator turned negative. In 35 of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

SPRO moved below its 50-day moving average on August 01, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

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

Accepted Answer

The 10-day moving average for SPRO crossed bearishly below the 50-day moving average on August 06, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 12 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 7

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

Accepted Answer

Following a +2.38% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPRO advanced for three days, in 159 of 215 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.

Question 8

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPRO 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 9

What does SPRO breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

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

Accepted Answer

The Aroon Indicator for SPRO 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.

SPRO Stock Spero Therapeutics (SPRO, $1.57) entered Downtrend as Momentum indicator drops below 0 level on May 16, 2024

Momentum Indicator for SPRO turns negative, indicating new downward trend

General Information