Question 1

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

Accepted Answer

The RSI Oscillator for WPM moved out of oversold territory on August 08, 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 25 similar instances when the indicator left oversold territory. In 17 of the 25 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

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

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on WPM as a result. In 56 of 81 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 WPM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for WPM just turned positive on August 16, 2024. Looking at past instances where WPM's MACD turned positive, the stock continued to rise in 34 of 51 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 WPM?

Accepted Answer

WPM moved above its 50-day moving average on August 12, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

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

Accepted Answer

Following a +4.73% 3-day Advance, the price is estimated to grow further. Considering data from situations where WPM advanced for three days, in 219 of 312 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 WPM's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WPM 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 66%.

Question 8

What does WPM breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 9

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

Accepted Answer

The Aroon Indicator for WPM entered a downward trend on August 16, 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.

WPM Stock Wheaton Precious Metals (WPM, $52.79) price may climb as it broke lower Bollinger Band on Jun 04, 2024

WPM's RSI Oscillator climbs out of oversold territory

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