Question 1

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

Accepted Answer

The Stochastic Oscillator for TCMD moved out of overbought territory on August 12, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 62 similar instances where the indicator exited the overbought zone. In 47 of the 62 cases the stock moved lower. This puts the odds of a downward move at 0%.

Question 2

How did TCMD's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on TCMD as a result. In 72 of 92 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 TCMD?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for TCMD just turned positive on August 19, 2024. Looking at past instances where TCMD's MACD turned positive, the stock continued to rise in 39 of 47 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 TCMD?

Accepted Answer

TCMD moved above its 50-day moving average on August 06, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

Following a +16.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where TCMD advanced for three days, in 248 of 309 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.

Question 6

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

Accepted Answer

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

Accepted Answer

TCMD 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 TCMD's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 169 of 215 cases where TCMD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

TCMD Stock Tactile Systems Technology (TCMD, $12.03) Aroon Indicator entered a Downtrend on June 07, 2024.

TCMD saw its Stochastic Oscillator recovers from the overbought zone

General Information