Question 1

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

Accepted Answer

The 10-day RSI Indicator for TVTX moved out of overbought territory on July 30, 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 33 similar instances where the indicator moved out of overbought territory. In 24 of the 33 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 TVTX's trend?

Accepted Answer

On August 13, 2024, the Stochastic Oscillator for TVTX 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 64 instances where the indicator left the oversold zone. In 52 of the 64 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 3

How did TVTX'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 TVTX as a result. In 70 of 99 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 is the significance of the 50-day moving average indicator for TVTX?

Accepted Answer

TVTX 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 5

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TVTX 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 6

What does TVTX breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 7

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 176 of 218 cases where TVTX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

TVTX Stock Travere Therapeutics (TVTX, $6.76) price moved above its 50-day Moving Average on May 28, 2024

TVTX sees its Stochastic Oscillator ascending out of oversold territory

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