COUP, MACD Histogram just turned positiveThis is a Bullish indicator signaling COUP's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 36 similar cases where COUP's MACD histogram became positive, and 35 of them led to successful outcomes. Odds of Success: 90%. Current price $272.83 crossed the resistance line at $290.79 and is trading between $290.79 resistance and $220.78 resistance lines. Throughout the month of 08/24/20 - 09/24/20, the price experienced a -11% Downtrend, while the week of 09/17/20 - 09/24/20 shows a +8% Uptrend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 23, 2020. You may want to consider a long position or call options on COUP as a result. Tickeron A.I. detected that in 63 of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 86%.
The Moving Average Convergence Divergence (MACD) for COUP just turned positive on September 24, 2020. Looking at past instances where COUP's MACD turned positive, the stock continued to rise in 35 of 36 cases over the following month. The odds of a continued upward trend are 90%.
Following a +8.08% 3-day Advance, the price is estimated to grow further. Considering data from situations where COUP advanced for three days, Tickeron A.I. shows that in 247 of 287 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
COUP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 231 of 273 cases where COUP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 85%.
Tickeron
AMZN sees its Stochastic Oscillator climbs out of oversold terrOn September 23, 2020, the Stochastic Indicator for AMZN moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron A.I.dvisor looked at 51 instances where the indicator left the oversold zone. In 42 of the 51 cases the stock moved higher in the following days. This puts the odds of a move higher at over 82%. Current price $3058.75 crossed the support line at $3000.12 and is trading between $3081.11 resistance and $3000.12 support lines. Throughout the month of 08/24/20 - 09/24/20, the price experienced a -9% Downtrend, while the week of 09/17/20 - 09/24/20 shows a +0.37% Uptrend.
Bullish Trend Analysis
Following a +5.89% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMZN advanced for three days, in 285 of 394 cases, the price rose further within the following month. The odds of a continued upward trend are 72%.
AMZN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 247 of 348 cases where AMZN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.
SPI sees its 50-d moving average cross bullishly above its 200-dThe 50-day Moving Average for SPI moved above the 200-day moving average on August 31, 2020. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend. Current price $14.00 is above $1.85 the highest resistance line found by Tickeron A.I. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +929% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +1067% Uptrend growth.
Current price $14.00 is above $1.85 the highest resistance line found by Tickeron A.I. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +929% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +1067% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Indicator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on September 15, 2020. You may want to consider a long position or call options on SPI as a result. Tickeron A.I. detected that in 48 of 55 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 87%.
The Moving Average Convergence Divergence (MACD) for SPI just turned positive on September 16, 2020. Looking at past instances where SPI's MACD turned positive, the stock continued to rise Tickeron A.I. shows that in 22 of 26 cases over the following month. The odds of a continued upward trend are 85%.
SPI moved above its 50-day Moving Average on September 23, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for SPI crossed bullishly above the 50-day moving average on September 23, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 5 of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 71%.
Following a +19.80% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPI advanced for three days, in 94 of 106 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple declined for three days, the price rose further Tickeron A.I. shows that in 50 of 62 cases within the following month. The odds of a continued downward trend are 89%.
SPI broke above its upper Bollinger Band on September 23, 2020. 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.
The Aroon Indicator for SPI entered a downward trend on September 16, 2020. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
GOOS, Aroon Indicator entered an Uptrend on Sep 23, 2020.Over the last three days, Tickeron A.I.dvisor has detected that GOOS'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. Tickeron A.I.dvisor backtested this indicator and found 195 similar cases, 168 of which were successful. Based on this data, the odds of success are 86%. Current price $28.63 crossed the support line at $23.44 and is trading between $30.39 support and $23.44 support lines. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +28% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +2% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GOOS just turned positive on August 25, 2020. Looking at past instances where GOOS's MACD turned positive, the stock continued to rise in 29 of 35 cases over the following month. The odds of a continued upward trend are 83%.
GOOS moved above its 50-day Moving Average on August 24, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for GOOS crossed bullishly above the 50-day moving average on August 14, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 10 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 77%.
Following a +3.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOS advanced for three days, in 196 of 241 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 168 of 195 cases where GOOS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 86%.
CZR Broadening Wedge Ascending (bullish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 82%
TARGET (EXIT) PRICE = 66.92 USD
BREAKOUT (ENTRY) PRICE = 55.37 USD
DISTANCE TO TARGET PRICE = 23.83%
EMERGED ON = Sep 14, 12:00 PM (EDT)
CONFIRMED ON = Sep 14, 03:56 PM (EDT)
WITH CONFIDENCE LEVEL = 99%
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the upward breakout price/entry point. To identify an exit, compute the target price for this formation by adding the height of the pattern to the upward breakout level. Pattern height is the difference between the breakout price (the highest high within the pattern) and the highest low.
To limit potential loss when the price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
The Broadening Wedge Ascending pattern forms when the price of a security progressively makes higher highs (1, 3) and higher lows (2, 4), following two widening trend lines. This pattern may form when large investors spread their buying over a period of time.
The theory goes that after initial buying occurs, other market participants react to the rising price and jump on the bandwagon to participate. Then value investors begin to sell, believing the price has risen too much, which spurs the original large investor to resume buying again. Once these activities stop, the price may break out in either direction.
VRNA Three Falling Peaks (bearish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 84%
TARGET (EXIT) PRICE = 3.84 USD
BREAKOUT (ENTRY) PRICE = 6.60 USD
DISTANCE TO TARGET PRICE = 39.95%
EMERGED ON = Aug 19, 12:00 PM (EDT)
CONFIRMED ON = Sep 03, 01:03 PM (EDT)
WITH CONFIDENCE LEVEL = 98%
The Three Falling Peaks pattern forms when three minor Highs (1, 3, 5) arrange along a downward-sloping trend line.
This pattern often emerges at the end of a rising trend, when a security slowly rolls over. It potentially indicates sellers moving in to replace buyers, which pushes the price lower.
Trade idea
If the price breaks out from the bottom pattern boundary, day traders and swing traders should trade with the DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. To identify an exit, compute the target price by subtracting the pattern’s height (maximum price minus minimum price within the pattern) from the breakout level the lowest low. When trading, wait for the confirmation move, which is when the price moves below the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
AAPL Broadening Wedge Descending (bearish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 85%
TARGET (EXIT) PRICE = 102.71 USD
BREAKOUT (ENTRY) PRICE = 110.28 USD
DISTANCE TO TARGET PRICE = 5.12%
EMERGED ON = Sep 17, 08:00 AM (EDT)
CONFIRMED ON = Sep 17, 11:59 AM (EDT)
WITH CONFIDENCE LEVEL = 100%
The Broadening Wedge Descending pattern forms when a security price makes lower lows (1, 3, 5) and lower highs (2, 4), forming two downward sloping lines that expand over time (kind of like a pointed down megaphone shape). This pattern may form when large investors spread out their selling over a period of time, and the Breakout can occur in either direction.
When the initial selling occurs, other market participants react to falling price and jump on the bandwagon to participate. Then the value investors begin to sell, believing the price has not fallen enough, which spurs the original large investor to resume selling again.
Trade idea
If price breaks out from the bottom pattern boundary, day traders and swing traders should trade with a DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. To identify an exit, compute the target price by assessing the difference between the pattern’s lowest high (2) and the breakout level. That is the pattern height. The target price can be calculated by subtracting the pattern height from the downward breakout level, which is the last low touching the bottom line.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
BLFS, Aroon Indicator entered an Uptrend on Sep 21, 2020Over the last three days, Tickeron A.I.dvisor has detected that BLFS'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. Tickeron A.I.dvisor backtested this indicator and found 239 similar cases, 211 of which were successful. Based on this data, the odds of success are 88%. Current price $27.05 is above $19.22 the highest support line found by Tickeron A.I. Throughout the month of 08/20/20 - 09/22/20, the price experienced a +37% Uptrend, while the week of 09/15/20 - 09/22/20 shows a -3% Downtrend.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for BLFS just turned positive on August 26, 2020. Looking at past instances where BLFS's MACD turned positive, the stock continued to rise in 36 of 47 cases over the following month. The odds of a continued upward trend are 77%.
Following a +16.45% 3-day Advance, the price is estimated to grow further. Considering data from situations where BLFS advanced for three days, in 245 of 280 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.
The Aroon Indicator entered an Uptrend today. Tickeron AI detected that in 211 of 239 cases where BLFS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 88%.
WK, (MACD) Histogram just turned positiveThis is a Bullish indicator signaling WK's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 55 similar cases where WK's MACD histogram became positive, and 47 of them led to successful outcomes. Odds of Success: 85%. Current price $55.89 crossed the resistance line at $55.62 and is trading between $58.61 resistance and $55.62 resistance lines. Throughout the month of 08/20/20 - 09/22/20, the price experienced a +2% Uptrend. During the week of 09/15/20 - 09/22/20, the stock enjoyed a +7% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 18, 2020. You may want to consider a long position or call options on WK as a result. Tickeron A.I. detected that in 72 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
WK moved above its 50-day Moving Average on September 18, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +5.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where WK advanced for three days, in 248 of 332 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 263 of 314 cases where WK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 84%.
IMAB Triangle Descending (bullish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 79%
TARGET (EXIT) PRICE = 42.16 USD
BREAKOUT (ENTRY) PRICE = 39.51 USD
DISTANCE TO TARGET PRICE = 6.51%
EMERGED ON = Sep 18, 12:00 PM (EDT)
CONFIRMED ON = Sep 22, 03:52 PM (EDT)
WITH CONFIDENCE LEVEL = 87%
The Descending Triangle pattern is formed when the price of a security establishes a support level (1, 3, 5) and bounces off that level to a declining resistance level, creating a down-sloping top line (2, 4). The breakout can either be up or down, depending if the resistance or highest support level is broken first.
This pattern is commonly associated with directionless markets since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control.
Trade idea
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price by adding the pattern height from breakout point. For upward breakouts the level is the highest high within the triangle (2). Pattern height is the difference between the level of the bottom horizontal line and the highest high.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
BH.A Triangle Ascending (bearish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 73%
TARGET (EXIT) PRICE = 430.65 USD
BREAKOUT (ENTRY) PRICE = 465.50 USD
DISTANCE TO TARGET PRICE = 12.11%
EMERGED ON = Sep 14, closing price
CONFIRMED ON = Sep 17, closing price
WITH CONFIDENCE LEVEL = 78%
The Ascending Triangle pattern has a horizontal top line (1, 3, 5) representing a resistance level, and an upward-sloping bottom line (2, 4). The Breakout can either be up or down, and the direction of the Breakout will determine whether the Target Price is higher or lower.
This pattern is commonly associated with directionless markets, since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control. When the price of a security consolidates around highs it might indicate that a significant downtrend is ahead.
Trade idea
If the price breaks out from the bottom pattern boundary, day traders and swing traders should trade with the DOWN trend. Consider selling the security short or buying a put option on the downward breakout price. To identify an exit, compute the target price by subtracting the pattern height from the breakout point. For downward breakouts the breakout level is the price at the lowest low within the triangle (2). The pattern height is the difference between the level of the top horizontal line and the lowest low.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
SPXC's RSI Oscillator climbs out of oversold territoryThe RSI Oscillator for SPXC moved out of oversold territory on September 14, 2020. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. Tickeron A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In 22 of the 26 cases the stock moved higher. This puts the odds of a move higher at 85%. Current price $42.63 crossed the resistance line at $42.51 and is trading between $46.20 support and $42.51 resistance lines. Throughout the month of 08/19/20 - 09/21/20, the price experienced a -3% Downtrend, while the week of 09/14/20 - 09/21/20 shows a +5% Uptrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 16, 2020. You may want to consider a long position or call options on SPXC as a result. Tickeron A.I. detected that in 76 of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.
The Moving Average Convergence Divergence (MACD) for SPXC just turned positive on September 17, 2020. Looking at past instances where SPXC's MACD turned positive, the stock continued to rise Tickeron AI shows that in 39 of 50 cases over the following month. The odds of a continued upward trend are 78%.
SPXC moved above its 50-day Moving Average on September 16, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +2.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPXC advanced for three days, in 241 of 322 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
SPXC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The volume for BBW stock increased daily growth of 456% of 65DayThis one-day volume growth resulted in a record-breaking increase of 456%, as compared to the 65-Day Volume Moving Average. BBW's total volume now sits at 717.3K. The +3.59% price change was insignificant, leaving BBW's price at $3.46. This volume move could indicate a change in trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 63 similar cases, 52 of which were successful. Based on this data, the odds of success are +83%. Current price $3.25 crossed the resistance line at $3.28 and is trading between $3.28 resistance and $2.94 resistance lines. Throughout the month of 08/19/20 - 09/21/20, the price experienced a +44% Uptrend, while the week of 09/14/20 - 09/21/20 shows a -2% Downtrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 28, 2020. You may want to consider a long position or call options on BBW as a result. Tickeron A.I. detected that in 56 of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 67%.
The Moving Average Convergence Divergence (MACD) for BBW just turned positive on August 31, 2020. Looking at past instances where BBW's MACD turned positive, the stock continued to rise Tickeron AI shows that in 26 of 36 cases over the following month. The odds of a continued upward trend are 72%.
BBW moved above its 50-day Moving Average on August 24, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for BBW crossed bullishly above the 50-day moving average on August 05, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 63%.
The Aroon Indicator entered an Uptrend today. In 96 of 136 cases where BBW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.
WKHS,enters a monthly bullish trend.Expect Uptrend continuationWorkhorse Group Inc (WKHS, $30.27) is predicted by Tickeron A.I.dvisor to grow by 4% to $31.48 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 88%. Current price $27.51 is above $18.20 the highest resistance line found by Tickeron A.I. Throughout the month of 08/19/20 - 09/21/20, the price experienced a +84% Uptrend. During the week of 09/14/20 - 09/21/20, the stock enjoyed a +16% Uptrend growth.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for WKHS just turned positive on August 31, 2020. Looking at past instances where WKHS's MACD turned positive, the stock continued to rise Tickeron A.I. shows that in 33 of 41 cases over the following month. The odds of a continued upward trend are 80%.
Following a +14.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where WKHS advanced for three days, in 243 of 281 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 165 of 209 cases where WKHS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 79%.
PLAN Triple Bottoms (bullish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 79%
TARGET (EXIT) PRICE = 60.34 USD
BREAKOUT (ENTRY) PRICE = 58.55 USD
DISTANCE TO TARGET PRICE = 3.19%
EMERGED ON = Sep 17, 08:00 AM (EDT)
CONFIRMED ON = Sep 21, 12:27 PM (EDT)
WITH CONFIDENCE LEVEL = 90%
The Triple Bottom pattern appears when there are three distinct low points (1, 3, 5) that represent a consistent support level. The security tests the support level over time but eventually breaks resistance and makes a strong move to the upside.
This type of formation happens when sellers can not break the support price, and market participants eventually pour in.
Trade idea
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price by adding the pattern’s height (highest price minus the bottom price support level) to the breakout level the highest high. When trading, wait for the confirmation move, which is when the price rises above the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
GFF Triple Tops (bearish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 70%
TARGET (EXIT) PRICE = 18.20 USD
BREAKOUT (ENTRY) PRICE = 19.01 USD
DISTANCE TO TARGET PRICE = 1.02%
EMERGED ON = Sep 18, 08:00 AM (EDT)
CONFIRMED ON = Sep 21, 09:36 AM (EDT)
WITH CONFIDENCE LEVEL = 75%
The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5), but the price ultimately declines as buyers give up.
This type of formation potentially happens when investors can not break the resistance price. There is a distinct possibility that market participants will sell out, and the price can move down with big volumes (leading up to the breakout).
Trade idea
If the price breaks out from the bottom pattern boundary, day traders and swing traders should trade with the DOWN trend. Consider selling the security short or buying a put option at a downward breakout price level. To identify an exit, calculate the target price by subtracting the pattern height from the breakout level. The pattern’s height is the highest high minus the lowest low, or the bottom resistance within the pattern. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
VIPS enters Downtrend as Momentum drops below 0 level on09/19/20This indicator may be signaling that VIPS's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. Tickeron A.I.dvisor backtested 71 similar cases where VIPS's Momentum Indicator fell below the 0 level, and 57 of them led to a successful outcome. Odds of Success: 80%. Current price $17.05 crossed the resistance line at $16.95 and is trading between $17.59 resistance and $16.95 resistance lines. Throughout the month of 08/18/20 - 09/18/20, the price experienced a -30% Downtrend, while the week of 09/11/20 - 09/18/20 shows a +2% Uptrend.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 18, 2020. You may want to consider selling the stock, shorting the stock, or exploring put options on VIPS as a result. Tickeron AI detected that in 57 of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 80%.
VIPS moved below its 50-day Moving Average on August 19, 2020 date and that indicates a change from an upward trend to a downward trend.
The 10-day Moving Average for VIPS crossed bearishly below the 50-day moving average on August 24, 2020. This indicates that the trend has shifted lower and could be considered a sell signal. Tickeron AI detected that in 9 of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 75%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple 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 80%.
PLMR, was a top quarterly gainer, rising +20.83%. Palomar Holdings (PLMR, $100.53) was one of top quarterly gainers, jumping +20.83% to $100.53 per share. Tickeron A.I.dvisor analyzed 46 stocks in the Property/Casualty Insurance Industry over the last three months, and discovered that 28 of them (61.11%) charted an Uptrend while 18 of them (38.89%) trended down. Tickeron A.I.dvisor found 172 similar cases when PLMR's price jumped over 15% within three months. In 152 out of those 172 cases, PLMR's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for PLMR are 88%. Current price $100.04 crossed the support line at $101.56 and is trading between $101.56 support and $90.73 resistance lines. Throughout the month of 08/18/20 - 09/18/20, the price experienced a -3% Downtrend. During the week of 09/11/20 - 09/18/20, the stock fell -4%.
Bullish Trend Analysis
PLMR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 103 of 109 cases where PLMR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
APPL Broadening Wedge Descending (bearish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 89%
TARGET (EXIT) PRICE = 102.72 USD
BREAKOUT (ENTRY) PRICE = 110.28 USD
DISTANCE TO TARGET PRICE = 4.17%
EMERGED ON = Sep 17, 08:00 AM (EDT)
CONFIRMED ON = Sep 17, 11:59 AM (EDT)
WITH CONFIDENCE LEVEL = 100%
The Broadening Wedge Descending pattern forms when a security price makes lower lows (1, 3, 5) and lower highs (2, 4), forming two downward sloping lines that expand over time (kind of like a pointed down megaphone shape). This pattern may form when large investors spread out their selling over a period of time, and the Breakout can occur in either direction.
When the initial selling occurs, other market participants react to falling price and jump on the bandwagon to participate. Then the value investors begin to sell, believing the price has not fallen enough, which spurs the original large investor to resume selling again.
Trade idea
If price breaks out from the bottom pattern boundary, day traders and swing traders should trade with a DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. To identify an exit, compute the target price by assessing the difference between the pattern’s lowest high (2) and the breakout level. That is the pattern height. The target price can be calculated by subtracting the pattern height from the downward breakout level, which is the last low touching the bottom line.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
ZM Broadening Wedge Ascending (bullish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 73%
TARGET (EXIT) PRICE = 457.08 USD
BREAKOUT (ENTRY) PRICE = 419.84 USD
DISTANCE TO TARGET PRICE = 8.80%
EMERGED ON = Sep 18, 08:00 AM (EDT)
CONFIRMED ON = Sep 18, 10:03 AM (EDT)
WITH CONFIDENCE LEVEL = 84%
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the upward breakout price/entry point. To identify an exit, compute the target price for this formation by adding the height of the pattern to the upward breakout level. Pattern height is the difference between the breakout price (the highest high within the pattern) and the highest low.
To limit potential loss when the price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
The Broadening Wedge Ascending pattern forms when the price of a security progressively makes higher highs (1, 3) and higher lows (2, 4), following two widening trend lines. This pattern may form when large investors spread their buying over a period of time.
The theory goes that after initial buying occurs, other market participants react to the rising price and jump on the bandwagon to participate. Then value investors begin to sell, believing the price has risen too much, which spurs the original large investor to resume buying again. Once these activities stop, the price may break out in either direction.
SSRM, Aroon Indicator entered an Uptrend on Sep17, 2020.Over the last three days, Tickeron A.I.dvisor has detected that SSRM'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. Tickeron A.I.dvisor backtested this indicator and found 194 similar cases, 165 of which were successful. Based on this data, the odds of success are 85%. Current price $22.66 crossed the support line at $22.47 and is trading between $23.71 resistance and $22.47 support lines. Throughout the month of 08/17/20 - 09/17/20, the price experienced a +9% Uptrend. During the week of 09/10/20 - 09/17/20, the stock enjoyed a +8% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 25, 2020. You may want to consider a long position or call options on SSRM as a result. In 51 of 65 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.
The Moving Average Convergence Divergence ( MACD ) for SSRM just turned positive on August 28, 2020. Looking at past instances where SSRM's MACD turned positive, the stock continued to rise in 28 of 32 cases over the following month. The odds of a continued upward trend are 88%.
SSRM moved above its 50-day Moving Average on September 14, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +8.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where SSRM advanced for three days, Tickeron A.I. shows that in 145 of 182 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 165 of 194 cases where SSRM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 85%.
HOVNP, Stochastic left the overbought zone on Sep 17, 2020This is a signal that HOVNP's price trend could be reversing, and it may be an opportunity to sell the stock or take a defensive position. Tickeron A.I.dvisor identified 63 similar cases where HOVNP's stochastic oscillator exited the overbought zone, and 57 of them led to successful outcomes. Odds of Success: 90%. Current price $7.00 is above $6.06 the highest resistance line found by Tickeron A.I. Throughout the month of 08/17/20 - 09/17/20, the price experienced a +4% Uptrend. During the week of 09/10/20 - 09/17/20, the stock enjoyed a +6% Uptrend growth.
Bearish Trend Analysis
The Stochastic Indicator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for HOVNP turned negative on September 01, 2020. 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 A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 41 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 84%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple 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 82%.
HOVNP broke above its upper Bollinger Band on August 25, 2020. 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.
NVDA, enters weekly bullish trend.Expect an Uptrend continuationNVIDIA Corp (NVDA, $519.64) is predicted by Tickeron A.I.dvisor to grow by 2% to $530.03 or more within the next week. With its winning streak extending for a consecutive week, NVDA is expected to continue climbing following the week-long Uptrend ― the odds of an Uptrend continuation are 76%. Current price $506.92 is above $490.28 the highest support line found by Tickeron A.I. Throughout the month of 08/13/20 - 09/15/20, the price experienced a +14% Uptrend. During the week of 09/08/20 - 09/15/20, the stock enjoyed a +9% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a +6.79% 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in 301 of 352 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. shows that in 360 of 412 cases where NVDA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 60%. During the last month, the daily ratio of advancing to declining volumes was 1.49 to 1.
The Tickeron Price Growth Rating for this company is 1 (best 1 - 100 worst), indicating outstanding price growth. NVDA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 4 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 56, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 13 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 24 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
