Question 1

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

Accepted Answer

The 10-day RSI Indicator for VKTX moved out of overbought territory on July 29, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 instances where the indicator moved out of the overbought zone. In 30 of the 38 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did VKTX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 14, 2024. You may want to consider a long position or call options on VKTX as a result. In 66 of 83 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 VKTX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for VKTX just turned positive on August 12, 2024. Looking at past instances where VKTX's MACD turned positive, the stock continued to rise in 35 of 41 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 VKTX?

Accepted Answer

VKTX moved above its 50-day moving average on August 08, 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 VKTX?

Accepted Answer

The 10-day moving average for VKTX crossed bullishly above the 50-day moving average on August 01, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

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

Accepted Answer

Following a +4.70% 3-day Advance, the price is estimated to grow further. Considering data from situations where VKTX advanced for three days, in 227 of 278 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.

Question 8

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

Accepted Answer

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

What does VKTX breaking above its upper Bollinger Band indicate?

Accepted Answer

VKTX broke above its upper Bollinger Band on August 19, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 10

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 194 of 213 cases where VKTX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

VKTX Stock Viking Therapeutics (VKTX, $69.06) entered Downtrend as Momentum indicator drops below 0 level on May 16, 2024

VKTX's RSI Oscillator peaks and leaves overbought zone

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