The Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Indicator may be shifting from an upward trend to a downward trend. Tickeron A.I. detected that in 47 of 68 cases where EBS's Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 69%.
The 50-day Moving Average for EBS moved below the 200-day moving average on December 24, 2020. This could be a long-term signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EBS 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 64%.
EBS broke above its upper on February 01 , 2021. 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.