Question 1

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

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 2

How did UTMD's Momentum indicator behave recently?

Accepted Answer

UTMD saw its Momentum Indicator move above the 0 level on August 15, 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 109 similar instances where the indicator turned positive. In 74 of the 109 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for UTMD?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for UTMD just turned positive on August 19, 2024. Looking at past instances where UTMD's MACD turned positive, the stock continued to rise in 47 of 58 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

UTMD moved below its 50-day moving average on August 19, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

The 10-day moving average for UTMD crossed bearishly below the 50-day moving average on August 07, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 20 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 6

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

Accepted Answer

Following a +3.33% 3-day Advance, the price is estimated to grow further. Considering data from situations where UTMD advanced for three days, in 161 of 260 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 UTMD's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where UTMD 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 53%.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 87 of 124 cases where UTMD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

UTMD Stock Utah Medical Products (UTMD, $67.39) Stochastic Oscillator left the oversold zone on June 07, 2024

Momentum Indicator for UTMD turns positive, indicating new upward trend

General Information