Question 1

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

Accepted Answer

The RSI Indicator for TNDM moved out of oversold territory on August 02, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 36 similar instances when the indicator left oversold territory. In 33 of the 36 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did TNDM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 12, 2024. You may want to consider a long position or call options on TNDM as a result. In 64 of 72 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 TNDM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for TNDM just turned positive on August 13, 2024. Looking at past instances where TNDM's MACD turned positive, the stock continued to rise in 39 of 48 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 TNDM?

Accepted Answer

TNDM moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

Following a +4.31% 3-day Advance, the price is estimated to grow further. Considering data from situations where TNDM advanced for three days, in 238 of 288 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TNDM 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 79%.

Question 8

What does TNDM breaking above its upper Bollinger Band indicate?

Accepted Answer

TNDM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

TNDM Stock Tandem Diabetes Care (TNDM, $48.85) Stochastic Oscillator left the oversold zone on June 07, 2024

TNDM's RSI Indicator ascending out of oversold territory

General Information