PRTS soars +231.46%, reaches a 3-month high. Expect an uptrend
US Auto Parts Network (PRTS, $8.85) gained +231.46% and reached a new high over the last three months. By comparison, the broader Internet Retail Industry returned 95.9% over the same period of time. I analyzed 25 stocks in the Internet Retail Industry over the same period of time and found that 25 of them (100%) were in an Uptrend while none of them showed a Downtrend. I found 335 similar cases when PRTS's price went up 15% within three months. In 217 out of those 335 cases, PRTS's price went up during the following month. Based on these historical data, I think the odds of an Uptrend continuation for PRTS are 65%.
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