Question 1

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

Accepted Answer

The 10-day RSI Indicator for TRVI moved out of overbought territory on July 29, 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 23 similar instances where the indicator moved out of overbought territory. In 21 of the 23 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 TRVI's trend?

Accepted Answer

On August 16, 2024, the Stochastic Oscillator for TRVI 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 74 instances where the indicator left the oversold zone. In 57 of the 74 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 3

How did TRVI'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 TRVI as a result. In 84 of 100 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 TRVI?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for TRVI 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 48 similar instances when the indicator turned negative. In 44 of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

TRVI 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 6

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

Accepted Answer

The 10-day moving average for TRVI crossed bearishly below the 50-day moving average on August 14, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 11 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 7

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

Accepted Answer

Following a +8.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where TRVI advanced for three days, in 212 of 259 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 TRVI's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TRVI 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 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 124 of 141 cases where TRVI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

TRVI Stock Trevi Therapeutics (TRVI, $2.44) Stochastic Oscillator left the oversold zone on June 07, 2024

TRVI sees its Stochastic Oscillator recovers from oversold territory

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