Question 1

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

Accepted Answer

The 10-day RSI Indicator for TRAK moved out of overbought territory on August 01, 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 39 similar instances where the indicator moved out of overbought territory. In 29 of the 39 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 TRAK's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did TRAK's Momentum indicator behave recently?

Accepted Answer

TRAK saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned positive. In 76 of the 93 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for TRAK?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for TRAK turned negative on August 05, 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 44 similar instances when the indicator turned negative. In 33 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Following a +3.06% 3-day Advance, the price is estimated to grow further. Considering data from situations where TRAK advanced for three days, in 250 of 295 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

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

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 181 of 211 cases where TRAK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

TRAK Stock ReposiTrak (TRAK, $16.5) price moved above its 50-day Moving Average on June 05, 2024

Momentum Indicator for TRAK turns positive, indicating new upward trend

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