HL was a top gainer, rising +121.44%.Expect Uptrend continuationHecla Mining (HL, $5.51) was one of top quarterly gainers, jumping +121.44% to $5.51 per share. Tickeron A.I.dvisor analyzed 51 stocks in the Precious Metals Industry over the last three months, and discovered that 50 of them (97.14%) charted an Uptrend while 1 of them (2.86%) trended down. Tickeron A.I.dvisor found 268 similar cases when HL's price jumped over 15% within three months. In 172 out of those 268 cases, HL's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for HL are 64%.
HL's Aroon indicator reaches into Uptrend on July 28, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that
in 226 of 274 cases where HL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 82%.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on July 23, 2020. Traders may consider selling the ticker, shorting the ticker, or exploring put options. Tickeron AI shows that in 27 of 31 cases where QFIN's Momentum Indicator fell below the 0 level, its price fell further within the subsequent month. The odds of a continued Downtrend are 87%.
Aroon
FVRR a top gainer, rising +150.54%. Expect Uptrend continuationFiverr International (FVRR, $87.54) was one of the top quarterly gainers, jumping +150.54% to $87.54 per share. Tickeron A.I.dvisor analyzed 44 stocks in the Data Processing Services Industry over the last three months and discovered that 40 of them (90%) charted an Uptrend while 4 of them (10%) trended down. Tickeron A.I.dvisor found 57 similar cases when FVRR's price jumped over 15% within three months. In 52 out of those 57 cases, FVRR's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for FVRR are 90%.
FVRR's Aroon indicator reaches into Uptrend on July 21, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that in 58 of 61 cases where FVRR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on June 18, 2020. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that in 13 of 16 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 81%
FUTU a top gainer, rising +185.5%. Expect Uptrend continuationFutu Holdings Ltd - ADR (FUTU, $28.95) was one of top quarterly gainers, jumping +185.5% to $28.95 per share. Tickeron A.I.dvisor analyzed 107 stocks in the Internet Software/Services Industry over the last three months, and discovered that 94 of them (87.5%) charted an Uptrend while 13 of them (12.5%) trended down. Tickeron A.I.dvisor found 15 similar cases when FUTU's price jumped over 15% within three months. In 12 out of those 15 cases, FUTU's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for FUTU are 80%.
FUTU's Aroon indicator reaches into Uptrend on July 17, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. In 40 of 40 cases where FUTU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
MOBL 50-day MA moved above its 200-day MA on July 16, 2020The price moved above its 50-day Moving Average, which indicates a change from a Downtrend to an Uptrend. Tickeron AI shows that
in 26 of 33 similar backtested cases where MOBL's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 79%.
MOBL's Aroon indicator reaches into Uptrend on July 17, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that
in 194 of 236 cases where MOBL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 82%.
Current price $5.18 crossed the resistance line at $5.00 and is trading between $6.27 resistance and $5.00 resistance lines. Throughout the month of 06/15/20 - 07/16/20, the price experienced a +13% Uptrend. During the week of 07/09/20 - 07/16/20, the stock enjoyed a +0.29% Uptrend growth.
PRTS a top gainer, rising +408.18%. Expect Uptrend continuationUS Auto Parts Network (PRTS, $11.18) was one of top quarterly gainers, jumping +408.18% to $11.18 per share. Tickeron A.I.dvisor analyzed 24 stocks in the Internet Retail Industry over the last three months, and discovered that 24 of them (100%) charted an Uptrend while none of them (0%) trended down. Tickeron A.I.dvisor found 336 similar cases when PRTS's price jumped over 15% within three months. In 218 out of those 336 cases, PRTS's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for PRTS are 65%.
PRTS's Aroon indicator reaches into Uptrend on July 17, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that in 168 of 209 cases where PRTS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 80%.
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on July 08, 2020. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that
in 68 of 94 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 72%
RVP soars +187.96%, a 3-month high. Expect Uptrend continuationRetractable Technologies (RVP, $8.61) gained +187.96% and reached a new high over the last three months. By comparison, the broader Medical Specialties Industry returned 34.06% over the same period of time. Tickeron A.I.dvisor analyzed 204 stocks in the Medical Specialties Industry over the same period of time and found that 172 of them (84.33%) were in an Uptrend while 32 of them (15.67%) showed a Downtrend. Tickeron A.I.dvisor found 300 similar cases when RVP's price went up 15% within three months. In 159 out of those 300 cases, RVP's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for RVP are 53%.
RVP's Aroon indicator reaches into Uptrend on July 17, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that in 177 of 186 cases where RVP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Current price $9.08 is above $5.81 the highest support line found by Tickeron A.I. Throughout the month of 06/15/20 - 07/16/20, the price experienced a +36% Uptrend. During the week of 07/09/20 - 07/16/20, the stock enjoyed a +22% Uptrend growth.
EQ, a top quarterly gainer, rising +795%.Expect Uptrend reversalEquillium (EQ, $26.5) was one of top quarterly gainers, jumping +795.27% to $26.5 per share. Tickeron A.I.dvisor analyzed 383 stocks in the Biotechnology Industry over the last three months, and discovered that 298 of them (77.69%) charted an Uptrend while 85 of them (22.31%) trended down. Tickeron A.I.dvisor found 51 similar cases when EQ's price went up 15% within three months. In 51 out of those 51 cases, EQ's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for EQ are 90%.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. Tickeron AI shows that in 13 of 13 cases where EQ's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.
The Aroon Indicator entered a Downtrend today.Tickeron AI shows that in 33 of 42 cases where EQ Aroon's Indicator entered a Downtrend, the price fell further within the following month. The odds of a continued Downtrend are 79%.
CNYUSD's Aroon indicator reaches into Uptrend on July 10, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that
in 38 of 124 cases where CNYUSD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 31%.
UPWK a top gainer, rising +105.26%. Expect Uptrend reversalUpwork (UPWK, $14.82) was one of top quarterly gainers, jumping +105.26% to $14.82 per share. Tickeron A.I.dvisor analyzed 156 stocks in the Packaged Software Industry over the last three months, and discovered that 139 of them (89.06%) charted an Uptrend while 17 of them (10.94%) trended down. Tickeron A.I.dvisor found 25 similar cases when UPWK's price went up 15% within three months. In 25 out of those 25 cases, UPWK's price went down during the following month. Based on these historical data,Tickeron A.I. thinks the odds of an Uptrend reversal for UPWK are 90%.
The Aroon Indicator entered a Downtrend today. Tickeron AI shows that in 54 of 67 cases where UPWK Aroon's Indicator entered a Downtrend, the price fell further within the following month. The odds of a continued Downtrend are 81%.
AAPL enters a weekly bullish trend. Expect Uptrend continuationApple Inc (AAPL, $373.85) is predicted by Tickeron A.I.dvisor to grow by 2% to $381.33 or more within the next week. With its winning streak extending for a consecutive week, AAPL is expected to continue climbing following the week-long Uptrend ― the odds of an Uptrend continuation are 78%.
AAPL's Aroon indicator reaches into Uptrend on July 07, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month.Tickeron AI shows that
in 271 of 419 cases where AAPL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 65%.
CHIS Aroon Indicator entered an Uptrend on June 30, 2020Over the last three days, I have detected that CHIS's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 116 similar cases, 100 of which were successful. Based on this data, the odds of success are 86%.
QGRO Aroon Indicator entered an Uptrend on June 30, 2020Over the last three days, I have detected that QGRO's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 143 similar cases, 129 of which were successful. Based on this data, the odds of success are 90%.
HEAR Aroon Indicator entered an Uptrend on June 30, 2020Over the last three days, I have detected that HEAR's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 185 similar cases, 161 of which were successful. Based on this data, the odds of success are 87%.
AVLR Aroon Indicator entered an Uptrend on June 29, 2020Over the last three days, I have detected that AVLR's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 116 similar cases, 107 of which were successful. Based on this data, the odds of success are 90%.
PBYI, Aroon Indicator entered a Downtrend on June 29, 2020.For the last three days, Tickeron A.I.dvisor has detected that PBYI's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for PBYI, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. Tickeron A.I.dvisor backtested this indicator and found 259 similar cases, 238 of which were successful. Based on this data, the odds of success are 90%.
Swing Trading Bitcoin With The Aroon and ADXSwing Trading Bitcoin With The Aroon and ADX
The market has continued its ranging period and is now closing in on the support level around $8,500-$9,000. Although the market has been ranging over the past two months, you can still make a profit by trading with the Aroon and ADX!
Let’s start by taking a closer look at the Aroon indicator!
Aroon
Aroon is considered to be both a momentum and a trend-following indicator. Aroon is represented by two lines, Aroon up (the orange line) and Aroon down (the blue line), and fluctuates between 0% and 100%.
Aroon measures the frequency of new highs during uptrends. If the price is continuously rising and making new highs, Aroon up will be 100 and Aroon down 0 and vice versa. However, when the price is not making new highs, it means that the uptrend is fading out, and we can have a correction or trend reversal.
The indicator generates buy and sell signals through crossovers. When “Aroon up” crosses “Aroon down” upwards, it means that a positive trend has initiated, and it signals a buy (marked with a green circle on our graph). On the other hand, when “Aroon down” crosses “Aroon up” upwards, it will send a sell signal. We have only used the buy signals from the indicator in this example.
The downside of the Aroon is that it may give out signals during a range that may not be as profitable as during a trend. Therefore we have added the ADX to act as a filter!
ADX
The ADX or average directional index is a volatility indicator that measures the strength of the trend. The higher the value of the ADX, the stronger the trend. We are going to filter out signals given when there is no clear direction in the market. Therefore, all signals provided by the Aroon must coincide with the ADX having a value greater than 25.
To filter out signals even further, you may also want to add a MESA or Parabolic SAR on the daily chart to make sure you are only trading when the broader trend is in your favor.
To exit positions opened by this strategy, we have used the following settings:
Trailing stop loss percentage 2%, arming trailing stop loss 4%
Stop-loss 3%
You can add these settings to your hopper by going into the config/baseconfig/sell settings.
APPS Aroon Indicator entered an UptrendOver the last three days, I have detected that APPS's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 217 similar cases, 194 of which were successful. Based on this data, the odds of success are 89%.
TQQQ Aroon Indicator entered an Uptrend on June 19, 2020Over the last three days,I detected that TQQQ's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 421 similar cases, 382 of which were successful. Based on this data, the odds of success are 90%.
NRC Aroon Indicator entered an Uptrend on June 18, 2020Over the last three days, I noticed that NRC's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator to find 103 similar cases, 89 of which were successful. Based on this data, the odds of success are 86%.
CNRG Aroon Indicator entered an Uptrend on June 16, 2020A buy signal is generated. I have detected that CNRG's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 137 similar cases, 117 of which were successful. Based on this data, the odds of success are 85%.