Question 1

What does the Stochastic Oscillator suggest about WEX'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 2

How did WEX's Momentum indicator behave recently?

Accepted Answer

WEX saw its Momentum Indicator move above the 0 level on August 16, 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 87 similar instances where the indicator turned positive. In 66 of the 87 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 WEX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for WEX just turned positive on August 15, 2024. Looking at past instances where WEX's MACD turned positive, the stock continued to rise in 32 of 44 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 WEX?

Accepted Answer

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

Accepted Answer

The 10-day moving average for WEX crossed bearishly below the 50-day moving average on August 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 18 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 WEX?

Accepted Answer

Following a +1.41% 3-day Advance, the price is estimated to grow further. Considering data from situations where WEX advanced for three days, in 224 of 331 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 WEX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WEX 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 8

What does WEX breaking above its upper Bollinger Band indicate?

Accepted Answer

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

WEX Stock WEX (WEX, $181.96) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 6, 2024

Momentum Indicator for WEX turns positive, indicating new upward trend

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