PTCT, Aroon Indicator entered an Uptrend on January 14, 2021.Over the last three days, Tickeron's A.I.dvisor has detected that PTCT'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's A.I.dvisor backtested this indicator and found 297 similar cases, 264 of which were successful. Based on this data, the odds of success are 89%. Current price $68.48 is above $64.73 the highest support line found by Tickeron A.I. Throughout the month of 12/11/20 - 01/14/21, the price experienced a +6% Uptrend, while the week of 01/07/21 - 01/14/21 shows a -0.29% Downtrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 06, 2021. You may want to consider a long position or call options on PTCT as a result. Tickeron A.I. detected that in 78 of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 83%.
The Moving Average Convergence Divergence (MACD) for PTCT just turned positive on January 07, 2021. Looking at past instances where PTCT's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 44 of 53 cases over the following month. The odds of a continued upward trend are 83%.
PTCT moved above its 50-day Moving Average on January 05, 2021 date and that indicates a change from a downward trend to an upward trend.
The 50-day Moving Average for PTCT moved above the 200-day moving average on November 03, 2020. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +6.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where PTCT advanced for three days, Tickeron A.I. detected that in 300 of 347 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
PTCT 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 264 of 297 cases where PTCT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 89%.
PTCT trade ideas
PTC THERAPEUTICS EstimatesHey traders, PTC THERAPEUTICS is in a bullish configuration with a hammer candle shape and high volume of past purchase. Looking at the TIMEFRAME M1 we notice a hammer candle with a high volume of buy executed, it goes towards the top of the consolidation zone for re-test. There is a great chance of breaking out the price of both the area and then going over into the next one. And go to the last highest which is a major resistance (on TIMEFRAME D1) two additions and one excess (on TIMEFRAME H4) After a test of the consolidation zone, go for a breakout to test the top of the bullish channel.
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PTCT, Aroon Indicator entered an Uptrend on Nov 24, 2020.Over the last three days, Tickeron's A.I.dvisor has detected that PTCT'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's A.I.dvisor backtested this indicator and found 278 similar cases, 243 of which were successful. Based on this data, the odds of success are 87%. Current price $63.35 is above $56.69 the highest resistance line found by Tickeron A.I. Throughout the month of 10/23/20 - 11/24/20, the price experienced a +22% Uptrend. During the week of 11/17/20 - 11/24/20, the stock enjoyed a +0.54% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 28, 2020. You may want to consider a long position or call options on PTCT as a result. Tickeron A.I. detected that in 81 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 85%.
PTCT moved above its 50-day Moving Average on October 01, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for PTCT crossed bullishly above the 50-day moving average on October 07, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 10 of 11 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 90%.
The 50-day Moving Average for PTCT moved above the 200-day moving average on November 03, 2020. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +2.27% 3-day Advance, the price is estimated to grow further. Considering data from situations where PTCT advanced for three days, in 291 of 340 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 243 of 278 cases where PTCT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
$PTCT Bull run facing a pullback?Broke last HIGH, perfect short scalp would be near 52.50(long term high)
Signs of exhaustion, if it loses volume, bears will pick it up from there
Short from 50, if trend is weak
SL 51.50
TP 46
Short from 53 (ideal)
SL 54.50
TP 50
TP2 47
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Supertrend VWAP and support-resistanfce levels:
MFICCI OBV MACD combined: