NETa quarterly gainer, rising +64%. Expect Uptrend continuationCloudflare Inc - Ordinary Shares - (NET, $38.7) was one of top quarterly gainers, jumping +64.26% to $38.7 per share. Tickeron A.I.dvisor analyzed 118 stocks in the Information Technology Services Industry over the last three months, and discovered that 96 of them (81.4%) charted an Uptrend while 22 of them (18.6%) trended down. Tickeron A.I.dvisor found 43 similar cases when NET's price jumped over 15% within three months. Tickeron AI shows that
in 43 out of those 43 cases, NET's price went up during the following month. Based on these historical data, A.I. thinks the odds of an Uptrend continuation for NET are 90%.
Current price $41.12 is above $38.35 the highest resistance line found by Tickeron A.I. Throughout the month of 06/25/20 - 07/28/20, the price experienced a +9% Uptrend. During the week of 07/21/20 - 07/28/20, the stock enjoyed a +2% Uptrend growth.
The Aroon Indicator entered an Uptrend today. Tickeron AI shows that in 23 of 24 similar cases where NET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Tickeron
RVP was a top gainer, rising+306.14%.Expect Uptrend continuationRetractable Technologies (RVP, $11.25) was one of top quarterly gainers, jumping +306.14% to $11.25 per share. Tickeron A.I.dvisor analyzed 204 stocks in the Medical Specialties Industry over the last three months, and discovered that 153 of them (74.81%) charted an Uptrend while 51 of them (25.19%) trended down.Tickeron A.I.dvisor found 308 similar cases when RVP's price jumped over 15% within three months. In 167 out of those 308 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 54%.
RVP'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 184 of 193 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 $10.67 is above $7.73 the highest resistance line found by TickeronA.I. Throughout the month of 06/24/20 - 07/27/20, the price experienced a +49% Uptrend. During the week of 07/20/20 - 07/27/20, the stock enjoyed a +13% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on July 07, 2020. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that
in 89 of 111 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 80%.
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%.
QFIN was a top gainer, rising +76.93%. Expect Uptrend reversal360 Finance Inc - ADR (QFIN, $14.19) was one of top quarterly gainers, jumping +76.93% to $14.19 per share. Tickeron A.I.dvisor analyzed 84 stocks in the Finance/Rental/Leasing Industry over the last three months, and discovered that 62 of them (74.14%) charted an Uptrend while 22 of them (25.86%) trended down. Tickeron A.I.dvisor found 37 similar cases when QFIN's price went up 15% within three months. In 37 out of those 37 cases, QFIN's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for QFIN are 90%.
QFIN in Downtrend: RSI indicator exits overbought zone
QFIN's price could be shifting from an uptrend to a downtrend. Traders may consider selling the ticker or exploring put options. Tickeron AI shows that
in 5 of 5 cases where QFIN's RSI Indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 90%.
ENVA, price moved above its 50-day Moving Average on July 21, 20This price move could indicate a change in the trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 33 similar cases, and 31 were successful. Based on this data, the odds of success are 90%.
Current price $14.30 crossed the resistance line at $13.96 and is trading between $14.35 resistance and $13.96 resistance lines. Throughout the month of 06/18/20 - 07/21/20, the price experienced a +2% Uptrend, while the week of 07/14/20 - 07/21/20 shows a -2% Downtrend.
Bullish Trend Analysis
The Stochastic Indicator suggests the ticker price trend may be in a reversal from a Downtrend to an Uptrend. 47 of 54 cases where ENVA's Stochastic Indicator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued Uptrend are 87%.
The lower Bollinger Band was broken -- a price increase is expected as the ticker heads toward the middle band, which indicates a buy or call consideration for traders. Tickeron AI shows that in 26 of 33 cases where ENVA's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued Uptrend are 79%.
RCM, 50-day MA moved above its 200-day MA on July 21, 2020RCM in Uptrend: 50-day Moving Average broke above 200-day Moving Average on July 21, 2020
A buy signal is indicated by this change in price, due to the trend repositioning higher.Tickeron AI shows that in 2 of 2 cases where RCM's 50-day Moving Average crossed above its 200-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 90%.
Current price $13.19 crossed the resistance line at $13.39 and is trading between $13.39 resistance and $12.90 support lines. Throughout the month of 06/18/20 - 07/21/20, the price experienced a +17% Uptrend, while the week of 07/14/20 - 07/21/20 shows a -2% Downtrend.
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where RCM's MACD histogram became positive. Tickeron AI shows that in 31 of 36 cases, the price rose further within the following month. The odds of a continued Uptrend are 86%.
NZDCAD, Wedge Falling (bullish)STATUS = Confirmed
CURRENT CONFIDENCE = 60%
TARGET (EXIT) PRICE = 0.897330 CAD
BREAKOUT (ENTRY) PRICE = 0.893710 CAD
DISTANCE TO TARGET PRICE = 0.44% (38.9 pips)
EMERGED ON Jul 22, 09:00 PM (UTC)
CONFIRMED ON Jul 22, 08:59 PM (UTC)
WITH CONFIDENCE LEVEL = 68%
I found this pattern at tickeron website with the following data:
The Falling Wedge pattern forms when the price of a pair appears to be spiraling downward, and two down-sloping lines are created with the price hitting lower lows (1, 3, 5) and lower highs (2, 4). The two pattern lines intersect to form a narrow triangle. Unlike Descending Triangle patterns, however, both lines need to have a distinct downward slope, with the top line having a steeper decline.
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. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout).
CNYHKD, Triple Tops (bearish)STATUS = Confirmed
CURRENT CONFIDENC = 61%
TARGET (EXIT) PRICE = 1.103420 HKD
BREAKOUT (ENTRY) PRICE = 1.106875 HKD
DISTANCE TO TARGET PRICE = 0.35% (39.2 pips)
EMERGED ON Jul 21, 12:00 PM (UTC)
CONFIRMED ON Jul 22, 07:37 AM (UTC)
WITH CONFIDENCE LEVEL = 72%
I found this pattern at tickeron website with the following data:
The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The pair 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).
ALT a top gainer, rising +922.8%. Expect Uptrend continuationAltimmune (ALT, $31.4) was one of top quarterly gainers, jumping +922.8% to $31.4 per share. Tickeron A.I.dvisor analyzed 138 stocks in the Miscellaneous Commercial Services Industry over the last three months, and discovered that 120 of them (86.96%) charted an Uptrend while 18 of them (13.04%) trended down. Tickeron A.I.dvisor found 63 similar cases when ALT's price jumped over 15% within three months. In 38 out of those 63 cases, ALT's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for ALT are 60%.
ALT's in Uptrend: Moving Average Convergence Divergence (MACD) Histogram crosses above signal line
This is a Bullish indicator signaling ALT's price could rise. Traders may explore going long on the ticker or buying call options. Tickeron AI shows that in 24 of 28 cases where ALT's MACD histogram became positive, the price rose further within the following month. The odds of a continued Uptrend are 86%.
Current price $29.03 is above $4.49 the highest resistance line found by Tickeron A.I. Throughout the month of 06/17/20 - 07/20/20, the price experienced a +330% Uptrend. During the week of 07/13/20 - 07/20/20, the stock enjoyed a +8% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on June 22, 2020. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that in 43 of 51 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 84%
CHFJPY, Cup-and-Handle (bullish)STATUS = Confirmed
CURRENT CONFIDENCE = 61%
TARGET (EXIT) PRICE = 114.814000 JPY
BREAKOUT (ENTRY) PRICE = 114.439500 JPY
DISTANCE TO TARGET PRICE = 0.23% (26.5 pips)
EMERGED ON Jul 21, 08:00 PM (UTC)
CONFIRMED ON Jul 21, 08:59 PM (UTC)
WITH CONFIDENCE LEVEL = 72%
Click the link to see statistics for other confidence levels and distance to target (potential profit) for this pattern: tickeron.com
CHFCNY, Three Rising Valleys (bullish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 64%
TARGET (EXIT) PRICE = 7.499035 CNY
BREAKOUT (ENTRY) PRICE = 7.441178 CNY
DISTANCE TO TARGET PRICE = 0.32% (236.4 pips)
EMERGED ON Jul 20, 08:00 PM (UTC)
CONFIRMED ON Jul 21, 03:06 AM (UTC)
WITH CONFIDENCE LEVEL = 70%
The Three Rising Valleys pattern forms when three minor Lows (1, 3, 5) arranged along an upward sloping trend line. It often appears at the end of a declining trend – an indication that buyers are overtaking sellers, which ultimately pushes the price higher.
This type of formation happens when investors shift into buying mode following a consolidation period.
FUV a top gainer, rising +278.98%. Expect Uptrend reversalArcimoto (FUV, $5.95) was one of top quarterly gainers, jumping +278.98% to $5.95 per share. Tickeron A.I.dvisor analyzed 16 stocks in the Motor Vehicles Industry over the last three months, and discovered that 16 of them (100%) charted an Uptrend while none of them (0%) trended down. Tickeron A.I.dvisor found 125 similar cases when FUV's price went up 15% within three months. In 122 out of those 125 cases, FUV's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for FUV are 90%.
FUV's in Downtrend: Moving Average Convergence Divergence (MACD) Histogram just turned negative
This is a Bearish indicator signaling FUV's price could decline. Traders may explore shorting the ticker or looking at put options. Tickeron AI shows that in 20 of 22 cases where FUV's MACD histogram became negative, the price fell further within the following month. The odds of a continued Downtrend are 90%.
Current price $6.02 is above $3.30 the highest support line found by Tickeron A.I. Throughout the month of 06/17/20 - 07/20/20, the price experienced a +69% Uptrend, while the week of 07/13/20 - 07/20/20 shows a -5% Downtrend.
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 20 of 20 cases where FUV's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.
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%.
AUD gained +2.22% relative to the RUB last weekAUDRUB in Uptrend: Stochastic indicator is sitting in overbought zone for 1 day
Expect a price pull-back in the near future.
Current price 50.08 is above 48.46 the highest resistance line found by Tickeron A.I. Throughout the month of 06/17/20 - 07/18/20, the price experienced a +5% Uptrend. During the week of 07/12/20 - 07/18/20, the FOREX enjoyed a +2% Uptrend growth.
GBPJPY, Triangle Symmetrical Bottom (bullish)STATUS = Confirmed
CURRENT CONFIDENCE = 66%
TARGET (EXIT) PRICE = 135.940994 JPY
BREAKOUT (ENTRY) PRICE = 135.112000 JPY
DISTANCE TO TARGET PRICE = 0.15% (20.1 pips)
EMERGED ON Jul 20, closing price
CONFIRMED ON Jul 20, 11:09 AM (UTC)
WITH CONFIDENCE LEVEL = 70%
This pattern Triangle Symmetrical Bottom (bullish) identified by Tickeron’s AI
The Symmetrical Triangle Bottom pattern forms when the price of a pair fails to retest a high or a low and ultimately forms two narrowing trend lines. As the support and resistance levels consolidate, it forms a triangle (15). Symmetrical Triangles are characterized by the upper line sloping downward and lower line sloping upward. The price movement inside the triangle should fill the shape with some uniformity, without leaving large blank areas.
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. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout).
Trade idea
If the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a pair or a call option at the breakout price level. To identify an exit, compute the target price by adding the pattern height from the breakout point. The height of the pattern is the difference between the highest high and lowest low.
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.
NZDHKD, Cup-and-Handle (bullish)STATUS = Confirmed
CURRENT CONFIDENCE = 60%
TARGET (EXIT) PRICE = 5.104368 HKD
BREAKOUT (ENTRY) PRICE = 5.088184 HKD
DISTANCE TO TARGET PRICE = 0.15% (75.0 pips)
EMERGED ON Jul 20, 09:00 AM (UTC)
CONFIRMED ON Jul 20, 09:00 AM (UTC)
WITH CONFIDENCE LEVEL = 72%
The Cup-and-Handle pattern identified by Tickeron’s AI
The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle.
The declining handle potentially forms due to mounting selling pressure created when the security tests its high at the right cup lip. After the sellers give up, the security has the potential to break out to the upside.
CIDM soars +365.74% in three monthsTickeron A.I.dvisor analyzed 137 other stocks in the Miscellaneous Commercial Services Industry over the last three months, and discovered that 98 of them (71.43%) exhibited an Uptrend while 39 of them (28.57%) exhibited a Downtrend.
CIDM's in Downtrend: Moving Average Convergence Divergence (MACD) Histogram just turned negative
This is a Bearish indicator signaling CIDM's price could decline. Traders may explore shorting the ticker or looking at put options. Tickeron AI shows that
in 48 of 53 cases where CIDM's MACD histogram became negative, the price fell further within the following month. The odds of a continued Downtrend 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.
GBPRUB, Triple Bottoms (bullish)STATUS = Confirmed
CURRENT CONFIDENCE = 63%
TARGET (EXIT) PRICE = 90.449193 RUB
BREAKOUT (ENTRY) PRICE = 90.079150 RUB
DISTANCE TO TARGET PRICE = 0.18% (16.0 pips)
EMERGED ON Jul 17, 12:00 PM (UTC)
CONFIRMED ON Jul 17, 02:51 PM (UTC)
WITH CONFIDENCE LEVEL = 70%
Tickeron AI shows that the Triple Bottom pattern appears when there are three distinct low points (1, 3, 5) that represent a consistent support level. The pair 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 pair 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 pricet
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.
BOXL, soars +500.09% reaches 3month high.Expect Uptrend reversalBoxlight Corporation - Ordinary Shares - (BOXL, $4.2) gained +500.09% and reached a new high over the last three months. By comparison, the broader Miscellaneous Commercial Services Industry returned 39.41% over the same period of time. Tickeron A.I.dvisor analyzed 137 stocks in the Miscellaneous Commercial Services Industry over the same period of time and found that 111 of them (81.32%) were in an Uptrend while 26 of them (18.68%) showed a Downtrend. Tickeron A.I.dvisor found 129 similar cases when BOXL's price went up 15% within three months. In 89 out of those 129 cases, BOXL's price went down during the next month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for BOXL are 69%.
BOXL in Uptrend: RSI indicator stops in overbought zone for 4 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 21 of 22 cases where BOXL's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.