Question 1

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

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SSP's RSI Indicator exited the oversold zone, 25 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 SSP's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 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 SSP's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 02, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SSP as a result. In 76 of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 4

What does MACD indicator imply for SSP?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for SSP 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 42 similar instances when the indicator turned negative. In 34 of the 42 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 SSP?

Accepted Answer

SSP 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 6

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

Accepted Answer

The 10-day moving average for SSP crossed bearishly below the 50-day moving average on August 13, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 15 of 16 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 SSP?

Accepted Answer

Following a +9.05% 3-day Advance, the price is estimated to grow further. Considering data from situations where SSP advanced for three days, in 233 of 297 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does a 3-day decline signify for SSP'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 SSP declined for three days, in 246 of 315 cases, the price declined further within the following month. The odds of a continued downward trend are 78%.

Question 9

What does SSP breaking above its upper Bollinger Band indicate?

Accepted Answer

SSP 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 SSP's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 167 of 231 cases where SSP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

SSP Stock EW Scripps Company (The) (SSP, $4.29) RSI Indicator left the overbought zone on May 07, 2024

SSP in -28.38% downward trend, sliding for three consecutive days on August 12, 2024

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