Question 1

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

Accepted Answer

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

Question 2

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

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did YY's Momentum indicator behave recently?

Accepted Answer

YY saw its Momentum Indicator move above the 0 level on August 08, 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 88 similar instances where the indicator turned positive. In 65 of the 88 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for YY?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for YY just turned positive on August 13, 2024. Looking at past instances where YY's MACD turned positive, the stock continued to rise in 40 of 55 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 YY?

Accepted Answer

Following a +2.48% 3-day Advance, the price is estimated to grow further. Considering data from situations where YY advanced for three days, in 217 of 296 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does YY breaking above its upper Bollinger Band indicate?

Accepted Answer

YY broke above its upper Bollinger Band on August 12, 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 7

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

Accepted Answer

The Aroon Indicator for YY entered a downward trend on August 13, 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.

YY Stock JOJOYY (YY, $33.77) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 3, 2024

Momentum Indicator for YY turns positive, indicating new upward trend

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