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Oscillator-overbought

ARB/USDT 15m / D BB & FVG / ELLIOT / LIQUIDATIONS / FIBOAccording to higher timeframes, the market sentiment is bullish. We are moving within an ascending channel with the potential to rise to 0.7416. To increase the probability of this outcome, the price needs to establish itself above the ascending channel. Locally, within the range of the daily breaker block (D BB) and the daily imbalance (D FVG), three potential entry points are visible: 1. Liquidity grab (Sellside liquidity) 2. 0.5 Fibo 3. 0.618 Fibo / bottom of the ascending channel 4. The target is the local high, which is at the midline of the channel. Locally, based on the EFIATR oscillator, volume, and liquidation levels, there is a likelihood of growth. According to Elliott Wave theory, a 5-wave pattern and an ABC correction in the 4th wave are visible, which further increases the probability of upward movement.
Long
by WoWAcEDuDe
3
A Little Bearish on Verizon StockWe received two signals for Verizon stock based on the closing price on February 2, 2024 indicating the stock will likely drop over the next 6-20 days. My SAG Gauge Conservative algorithm bearish signal has occurred 211 times. A bearish signal has successfully seen the stock drop below the signal closing price over the next 10 trading days 95.7% of the time. The typical delay, or time the stock does not immediately move downward has generally only been 1 day. This means the stock could move up on Monday, but likely begin its decline as late as Tuesday of this upcoming week. The other bearish signal is my Up and Down MACD, which signals before a typical MACD cross would occur. Instead of signalling at the cross, I added additional parameters that trigger shortly after weakness is confirmed and well ahead of the cross most people will trade on. For VZ stock, it is accurate in determining reversals 94.50% of the time. This one is interesting in that delays that have occurred result in less than a 1% move. This means the signal price on Friday (closing price) of 42.13 would most likely not see the stock move above 42.60 before it moves below 42.13. In this instance I am looking for a drop well below 42.13. Simultaneous signals of both algorithms at the same time has occurred 60 times. 58, or 96% of the time the stock has dropped. Simultaneous signals are something I prefer to see as it is more bolstering than solo signals. The last time these two signals occurred together and failed was March 22, 2000. The stock failed to trade downward over the next 27 days. Day 28 finally went into the red, but was a failure in my 10 and 25 day studies. I am looking for a possible move up on Monday/Tuesday at the latest before we start to move down. A success will occur if the stock goes below 42.13. Historically, simultaneous signals send the stock down to at least 42.09 (which is a very weak success). The 10 day target is a 1.3% - 4% drop over the next 6-9 days. The 25 day target is 2.4% - 6% over by days 13-22. It is unclear where the stock will go after this movement occurs.
NYSE:VZShort
by StockSignaler
Is Take Two Overbought Too?In the case of TTWO, 6 of my algorithms signaled a SELL on April 6, 2021. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a percentage standpoint, that this stock has moved on the 2 Hour chart after a SELL signal occurred. Therefore, this box represents 100% of previous movement upward before the stock finally moved downward. The smaller red box represents 50% of all historical movement upward, before the stock moved downward. The smaller box is more of a precise target for the potential top in this instance. The green boxes represent the same thing. In this instance, the smaller green box would be my projected target for the final bottom. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play). All statistics and the full analysis are available for free as always at the site below.
NASDAQ:TTWOShort
by StockSignaler
Chipotle overbought after earningsChipotle saw a hefty jump after topping earnings estimates earlier this week.
GoNoGo Trend indicator gave a “GO” indicating the environment was bullish for the Mexican grill on April 14th, when prices were around $785. However, note that there may be a little consolidation or minor correction here as this week’s action has caused the GoNoGo Oscillator to rise to an extreme. This means the stock has become overbought. With the price where it is, GoNoGo Charts is showing a red, short term correction arrow on the current, daily, bar. This suggests a possible correction within the trend, which at the moment is a “GO”. If this is confirmed at the close of the session, look for price to struggle for a few days.
NYSE:CMG
by GoNoGoCharts
3
Overbought and oversold on XRPBTCUsing the Williams R% oscillator indicator since July 2019 we can see overbought and oversold states on XRPBTC. Here are two types of vertical lines: greens and orange. The green lines are the moment when the position should have been open and the oranges when it should have been close. The arrows show whether price should have risen or fallen according to the indicator. The conservative signal for a long position is when the line breaks up the bottom dashed and the -50.00 line. The signal for a short position is the mirror. At this time, the signal is for a long position from 27 Mar until the line breaks down the -50.00 line again. Note: Stop loss and take profits are only illustrative. Chart: D
Long
by Manuelsilvat