Question 1

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

Accepted Answer

The 10-day RSI Oscillator for ZYME 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 33 instances where the indicator moved out of the overbought zone. In 26 of the 33 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 ZYME's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did ZYME'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 ZYME as a result. In 69 of 92 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 ZYME?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ZYME turned negative on August 01, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 41 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 168 of 201 cases where ZYME Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ZYME Stock Zymeworks (ZYME, $8.71) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 28, 2024

ZYME's RSI Indicator recovers from overbought zone

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