Question 1

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

Accepted Answer

The 10-day RSI Indicator for TENX moved out of overbought territory on August 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 similar instances where the indicator moved out of overbought territory. In 20 of the 22 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

On August 07, 2024, the Stochastic Oscillator for TENX moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 70 instances where the indicator left the oversold zone. In 56 of the 70 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 3

How did TENX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 06, 2024. You may want to consider a long position or call options on TENX as a result. In 69 of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for TENX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for TENX just turned positive on August 06, 2024. Looking at past instances where TENX's MACD turned positive, the stock continued to rise in 31 of 39 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

TENX 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 6

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

Accepted Answer

The 10-day moving average for TENX crossed bullishly above the 50-day moving average on August 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a +6.25% 3-day Advance, the price is estimated to grow further. Considering data from situations where TENX advanced for three days, in 168 of 208 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 TENX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TENX 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 90%.

Question 9

What does TENX breaking above its upper Bollinger Band indicate?

Accepted Answer

TENX broke above its upper Bollinger Band on August 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 65 of 71 cases where TENX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

TENX Stock Tenax Therapeutics (TENX, $3.53) Stochastic Oscillator left the oversold zone on June 06, 2024

TENX sees its Stochastic Oscillator ascending out of oversold territory

General Information