Question 1

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

Accepted Answer

The RSI Indicator for VYNE moved out of oversold territory on August 12, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 49 similar instances when the indicator left oversold territory. In 41 of the 49 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about VYNE'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 VYNE's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on VYNE as a result. In 60 of 71 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 VYNE?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for VYNE just turned positive on August 15, 2024. Looking at past instances where VYNE's MACD turned positive, the stock continued to rise in 30 of 40 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

Following a +8.77% 3-day Advance, the price is estimated to grow further. Considering data from situations where VYNE advanced for three days, in 188 of 237 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 VYNE's future price movement?

Accepted Answer

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

What does VYNE breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 8

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

Accepted Answer

The Aroon Indicator for VYNE entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

VYNE Stock VYNE Therapeutics (VYNE, $2.25) price may climb as it broke lower Bollinger Band on Jun 07, 2024

VYNE's RSI Oscillator recovers from oversold territory

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