Question 1

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

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 2

How did SYRE's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on SYRE as a result. In 72 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for SYRE?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SYRE just turned positive on August 19, 2024. Looking at past instances where SYRE's MACD turned positive, the stock continued to rise in 42 of 48 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

SYRE moved above its 50-day moving average on August 19, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

The 10-day moving average for SYRE crossed bearishly below the 50-day moving average on July 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 16 of 17 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 6

What does a 3-day decline signify for SYRE'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 SYRE declined for three days, in 287 of 323 cases, the price declined further within the following month. The odds of a continued downward trend are 89%.

Question 7

What does SYRE breaking above its upper Bollinger Band indicate?

Accepted Answer

SYRE 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 SYRE's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 107 of 137 cases where SYRE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

SYRE Stock Spyre Therapeutics (SYRE, $34.1) price exceeded its 50-day Moving Average on June 04, 2024

SYRE in -3.72% downward trend, sliding for three consecutive days on August 12, 2024

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