A buy signal is generated. I analyzed 117 stocks in the Information Technology Services Industry over the same period of time and found that 113 of them (96.43%) were in an Uptrend while 4 of them (3.57%) showed a Downtrend. I found 41 similar cases when FSLY's price went up 15% within three months. In 34 out of those 41 cases, FSLY's price went down during the...
A buy signal is generated. I analyzed 20 stocks in the Casinos/Gaming Industry over the last three months and discovered that 19 of them (94.12%) charted an Uptrend while 1 of them (5.88%) trended down. I found 306 similar cases when CZR's price jumped over 15% within three months. In 190 out of those 306 cases, CZR's price went up during the following month....
A buy signal is generated. I analyzed 38 stocks in the Apparel/Footwear Retail Industry over the last three months and discovered that 33 of them (85.71%) charted an Uptrend while 5 of them (14.29%) trended down. I found 288 similar cases when PLCE's price jumped over 15% within three months. In 151 out of those 288 cases, PLCE's price went up during the following...
A buy signal is generated. This indicator may be signaling that RNG's price has the momentum to move higher since its current price exceeds the price logged 14 days ago. I may consider buying the stock or exploring call options. I backtested 84 similar cases where RNG's Momentum Indicator exceeded 0, and 71 of them led to a successful outcome. Odds of Success: 85%.
A buy signal is generated. In 3 of 3 cases where CREE's 50-day Moving Average crossed above its 200-day Moving Average, its price rose further (4%) within the subsequent month. It means that the odds of a continued Uptrend are 100% but if I give a discount 10% for the uncertainty then the odds of success are 90%.
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...
A buy signal is generated. I found 5 similar cases where MGIC's 50-day Moving Average crossed above its 200-day Moving Average. In 5 out of 5 cases its price rose further within (more than 4%) during the subsequent month. It means that the odds of a continued Uptrend are 100% but if I give a discount 10% for the uncertainty then the odds of success are 90%.