Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SRDX's RSI Oscillator exited the oversold zone, 26 of 32 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 SRDX'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. 38 of 49 cases where SRDX'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 3

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

Accepted Answer

SRDX moved below its 50-day moving average on August 05, 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 SRDX?

Accepted Answer

The 10-day moving average for SRDX 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 14 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 SRDX?

Accepted Answer

Following a +1.01% 3-day Advance, the price is estimated to grow further. Considering data from situations where SRDX advanced for three days, in 211 of 293 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 SRDX'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 SRDX declined for three days, in 238 of 328 cases, the price declined further within the following month. The odds of a continued downward trend are 73%.

Question 7

What does SRDX breaking above its upper Bollinger Band indicate?

Accepted Answer

SRDX 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 SRDX's trend?

Accepted Answer

The Aroon Indicator for SRDX 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.

SRDX Stock Surmodics (SRDX, $34.08) RSI Indicator left the overbought zone on May 16, 2024

SRDX in -0.17% downward trend, sliding for three consecutive days on August 12, 2024

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